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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Short Takes: An MSR-Only Sale for Ditech? / Layoffs at The Money Source / Fannie and Freddie Trim Subprime Holdings / A Capital Raise for Redwood / New Rez Closes on Shellpoint Deal

July 3, 2018
Brandon Ivey and Paul Muolo
TMS called it a “realignment,” explaining the cuts are part of a plan to “fuel fintech growth.”
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Ten Years After the Housing Crisis, Wells Still No. 1 in Mortgages. However…

July 2, 2018
Paul Muolo
But the most telling sign of how the banking industry has lost its grip on home lending rests in the number of depositories that rank among the top 20…
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A Deal-Hungry Stearns to Acquire an Equity Stake in Certainty Home Loans

July 2, 2018
Brandon Ivey
According to sources familiar with the matter, Stearns is looking at other acquisitions as well...
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I’ve Just Seen the Future of Mortgage Banking and its Name is Amazon

July 2, 2018
Paul Muolo
Two years ago, loanDepot scuttled a much talked about initial public offering of stock...
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Rising Rates Take a Bite out of FHA Lending

July 2, 2018
George Brooks
Fairway Independent Mortgage ranked first among all FHA purchase lenders with $880.8 million in 1Q18...
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Mortgage Insurers Waiting on FHFA and PMIERs 2.0

July 2, 2018
Paul Muolo
Keefe Bruyette & Woods believes new PMIER rules could see the light of day shortly…
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Short Takes: Lending Tree Comes Back Down to Earth / If Mortgage Rates Hit 5 Percent… / WMIH and Nationstar Shareholders Approve / NJ Mortgage CEO and Founder Resigns / Executive Bolts Stewart for WFG

July 2, 2018
Brandon Ivey and Paul Muolo
LendingTree founder and CEO Douglas Lebda took home total compensation of $59.6 million last year...
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Nonbanks Increasingly Taking Over Agency MBS Production

June 29, 2018
John Bancroft
The tally: nonbanks grew their GSE business by 1.5 percent during the first five months of the year. Banks retrenched by 16.2 percent…
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The VA IRRRL ‘Orphan’ Loan Tally: A $500 Million Mess?

June 29, 2018
Paul Muolo
Ginnie Mae: “We are glad to work with industry participants to try to find workable solutions allowable by law.”
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HUD Secretary Carson Tells Lawmakers Final Condo Rules Should be Out in September

June 29, 2018
George Brooks
HUD Secretary Ben Carson has acknowledged the importance of FHA condo rules, particularly for millennials…
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