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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Chimera Packs GSE-Eligible Loans on Investment Properties into New Non-Agency MBS; Caliber a Top Contributor

September 19, 2018
Brandon Ivey
Three nonbank lenders, all owned by PE firms, are key contributors to the deal…
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CFPB Proposes Disclosure Sandbox

September 19, 2018
Yemeng Yang
The agency specifies that a two-year testing period would be the norm.
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Former Goldman Officials Launch Non-QM Wholesaler to Feed its Growing Aggregation Business

September 19, 2018
Paul Muolo
Steve Skolnik, an industry veteran with a long career in nonprime lending, was recently hired as CEO…
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Short Takes: Freddie Talking to Potential MSR Borrowers / Fannie’s New HLTV Refi Option / Plenty of GSE-Eligible Loans in New JPM MBS / LendingTree’s $10k Prize / A New Director at Fannie Mae

September 19, 2018
Paul Muolo and Brandon Ivey
On Nov. 1, Fannie Mae will begin accepting applications for its new high loan-to-value ratio refinance product.
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They’re Back: CFPB Advisory Boards (But with Fewer Members)

September 18, 2018
Yemeng Yang
Two new members of the consumer panel come from the fintech world: Sameh Elamawy, CEO of Scratch, and Manning Field, CEO of Acorns.
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Slightly Higher Warehouse Commitment Figures Mask Worries About Price Cutting, More…

September 18, 2018
Paul Muolo
One manager criticized number-two ranked warehouse provider Texas Capital for the discounts the bank is offering, calling it “the talk of the warehouse community.”
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What’s the Fate of ‘GSE Patch’ Under ATR Rule? Some Options

September 17, 2018
The CFPB should drop the current debt-to-income ratio cap and the so-called GSE patch from the qualified-mortgage definition, the Urban Institute recommends. The CFPB is required by statute to review the ability-to-repay rule, which includes the QM definition, and issue a final report on its findings by Jan. 10, 2019. One of the most important elements of the review could be the fate of the “GSE patch,” which is set to expire in January 2021, or on the day ...
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Wells Fargo Ready to Break its Jumbo MBS Drought

September 17, 2018
Brandon Ivey
Wells Fargo accounted for 15.0 percent of all jumbo mortgages originated during the first half of 2018…
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GSE Purchase Business Up Again, but Refis Rise as Well

September 17, 2018
John Bancroft
The refi surge may be attributable to more cash-out transactions.
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Wanted: Two Semi-Retired CEOs Who Can Run Fannie and Freddie

September 17, 2018
Paul Muolo
Then again, maybe needing a CEO is overblown. James Fenkner, a GSE shareholder, told Inside Mortgage Finance: “It is not that the CEOs are paid too little…”
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