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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Bankers Ask for TRID Exemption on Single-Family Construction Loans

August 16, 2018
Yemeng Yang
Bankers argue that single-family construction loans should be exempt from TRID because they are temporary and cover construction activity…
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Jumbo Loan Originations Up Sharply in 2Q18 as Purchase-Mortgage Lending Fueled Production

August 16, 2018
First-lien mortgage originations were up across all product lines in the second quarter of 2018, but the jumbo market saw the biggest gains from the first three months of the year, according to a new Inside Mortgage Finance ranking and market analysis. [Includes two data charts.]
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Short Takes: The BRAWL Continues / Don’t Worry About the Broker / An Old Complaint / Broker Market Share / Who Caused the Mortgage Crisis? / Brian Brooks, a Candidate for the Fannie CEO Job? (Probably Not)

August 16, 2018
Paul Muolo
But we will remind readers that wholesalers refinancing clients (via a retail arm) originally brought to them by a broker is a decades-old complaint…
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RBS Agrees to Pay DOJ $4.9 Billion to Settle MBS Fraud Charges

August 15, 2018
Paul Muolo
Among those subprime MBS investors: Fannie Mae and Freddie Mac.
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Moody’s Gives loanDepot an ‘Average’ Assessment

August 15, 2018
Brandon Ivey
This spring, loanDepot was rumored to be a takeover target of Internet retailer Amazon.com…
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Quicken Loses Large Broker Partner, Blames BRAWL, UWM and its CEO

August 15, 2018
Paul Muolo
CEO Mat Ishbia: “We are not sure why Quicken Loans has decided to bring UWM into this situation."
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Surprise: Quicken Rolls Out Private Sector Reverse Mortgage

August 15, 2018
George Brooks
Funding for Quicken's new reverse mortgage will come from securitization…
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Short Takes: Who Needs the GSEs? / JPM’s Strategy / Subservicers on the Auction Block? / New Diligence Advisors Gets the Seal of Approval from KBRA / Atlantic Bay Mortgage Won’t be Buying VA Bank After All

August 15, 2018
Paul Muolo
We know of one large subservicer that’s for sale (Ditech Financial), but a second processor may also be considering offers.
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Expanded-Credit Mortgage Securitization Falters Ever So Slightly in 2Q18

August 14, 2018
John Bancroft
The biggest increase has been in the new breed of Alt A securities…
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VA Doesn’t Like Bill that Would Increase Costs on Vet Home Loans

August 14, 2018
George Brooks
Both the VA and residential originators believe the fee increase would be used to cover expanded health-care benefits…
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