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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Competition for Jumbos Squeezing Margins

August 31, 2018
Brandon Ivey
John Anzalone of Invesco Mortgage: “In particular, there are a few very aggressive large buyers out there that get a lot of attention and have caused quite a bit of spread compression…”
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CFPB Clarifies HMDA Relief, Formal Rulemaking to Come Later

August 31, 2018
Yemeng Yang
The CFPB said 26 data points are no longer required for those covered lenders...
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Lower GSE-Eligible Share in Latest Prime Non-Agency MBS from Flagstar

August 31, 2018
Brandon Ivey
All of the loans in the deal were originated by Flagstar...
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Short Takes: Federal Help for the Gig-Worker Mortgage Market? / New SBC Programs from Silver Hill / Consultant Roque: LO Pay Isn’t Being Cut Quickly Enough / Fairholme: Fannie and Freddie are So Undervalued / A New Customer Service VP for RoundPoint

August 30, 2018
Paul Muolo
According to industry consultant Rick Roque, residential originators are not lowering loan officer compensation quickly enough...
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What’s Going on with the FHA’s ‘Defect Taxonomy’? Answer: Not Much

August 30, 2018
George Brooks
Despite calls by the industry to improve and clarify the process, the FHA has yet to make a move to meet industry demands for a more detailed defect taxonomy…
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Home Sales Likely to be Flat this Year with an Uptick in 2019

August 30, 2018
Brandon Ivey
Sam Khater, chief economist at Freddie Mac, said some prospective homebuyers didn’t complete transactions this summer due to a limited supply of homes for sale…
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More Lenders View Non-QMs and EC Mortgages as a Viable Option

August 29, 2018
Brandon Ivey
Angel Oak and Citadel Servicing, two of the larger originators of expanded-credit products, each increased production by more than 30.0 percent from the first to the second quarter.
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Short Takes: A ‘Significantly’ Less Liquid Secondary Mortgage Market? / In Five Years the GSE Loan Limit Would be Zero (for Example) / Origination Capacity Remains Elevated / Fannie Exec Joins RoundPoint

August 29, 2018
Paul Muolo and Brandon Ivey
Origination capacity in the mortgage industry remains “elevated,” according to a new report from PiperJaffray.
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Gateway Mortgage Founder, a Trump Supporter, Wins GOP Primary in Oklahoma

August 29, 2018
Brandon Ivey
The Gateway Mortgage founder won the Republican primary with 54.6 percent of the vote.
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MBA’s ‘Profit’ Took a Hit in FY 2017, but Assets Increased by Almost 10 Percent

August 29, 2018
Paul Muolo
MBA listed compensation for “current officers, directors, trustees and key employees” at $6.0 million for fiscal year 2017. It was $7.1 million the year prior…
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