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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Another California Mortgage Casualty: First Cal

May 30, 2018
Paul Muolo
Liquidation counsel Michael St. James did not return a telephone call and email regarding the situation.
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Leading Candidate for Top MBA Job Says He’s Not Interested

May 30, 2018
Paul Muolo
Candidates for the job have included Kevin Shavers, Robert Broeksmit and others…
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More Big Swings in GSE Single-Family MBS Business in April

May 29, 2018
John Bancroft
However, Freddie still has some catching up to do to reach the 40.2 percent GSE share it had last year.
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Ditech in Danger of Being Delisted from NYSE Due to Accounting Issues, Low Capitalization

May 29, 2018
Brandon Ivey
The nation’s 12th largest servicer of home mortgages is in danger of getting booted off the NYSE.
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$1B a Year Lender First Direct Stops Taking New Applications. More to Come?

May 29, 2018
Paul Muolo
Is First Direct a harbinger of things to come?
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Non-Agency MBS Making Big Strides in 2018

May 29, 2018
John Bancroft
And there is significant price tiering in the market…
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Short Takes: All FHFA Wants is Parity / GAO Favors It / Suddenly, Bonds Rally (Credit the Italians) / MIAC Selling S&Ds / New Hires for These Mortgage Vendors

May 29, 2018
Paul Muolo
The FHFA argues: "In contrast, other federal safety and soundness regulators have statutory authority to examine companies that provide services to depository institutions..."
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Real Estate Agents Prefer Nonbanks when Making Referrals for Purchase Mortgages

May 25, 2018
The top four lenders receiving the highest rate of “likes” and lowest rate of “dislikes” from real estate agents were all nonbanks: Fairway Independent, Movement Mortgage, Guild Mortgage and Guaranteed Rate.
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Home Sales Expected to Increase in 2018 even with Higher Interest Rates and Home Prices

May 25, 2018
Brandon Ivey
Freddie said the strong labor market and years of pent-up interest are increasing demand for purchase mortgages.
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Investors Outbidding First-Time Homebuyers, Genworth Expects Supply of Homes to Increase

May 25, 2018
Brandon Ivey
Tian Liu, chief economist at Genworth Mortgage Insurance, said homebuilders are starting to increase the supply of homes at somewhat lower price points, which could help increase purchases by first-time buyers.
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