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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Trouble Brewing for Fannie and Freddie in High DTI Market?

April 4, 2018
John Bancroft
MGIC, Radian, Essent and National MI all announced that they would no longer insure loans with DTI ratios over 45 percent and credit scores below 700…
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FTC Suggests the CFPB May Want to Consider ‘High Level’ Approvals for CIDs

April 4, 2018
Yemeng Yang
Mortgage lenders that have received civil investigative demands from the CFPB have complained the process can be trying…
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M&A Market Heats Up: Finance of America Buys Skyline’s ‘Assets’

April 4, 2018
Paul Muolo
Finance of America ranked 22nd among all originators in 2017...
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MERS Launches Product to Help Lenders ‘Conveniently’ Implement eNotes as Part of Digital Mortgage Process

April 4, 2018
Brandon Ivey
Simon Moir of eOriginal said eNotes are the most important document in closings of digital mortgages…
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Short Takes: Bill Ashmore Working on a Non-QM Startup? / The Mood in New Jersey / The White House Role in Relaxing Standards? / How to Aid in the Construction of Housing / Wells Promotes Hilzendeger to New Mortgage Post

April 4, 2018
Paul Muolo
If President Trump – a builder by trade – truly wants to help the housing market by adding inventory he could order the federal government to sell some of its massive holdings of land to builders at dirt cheap prices...
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Ginnie Contemplates Grading System for Issuer/Servicers

April 3, 2018
Paul Muolo
Such firms would then be eligible for what he called “concierge services” from the agency.
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Short Takes: No Word from the White House / Thinking About Risk, Daily/ Cash-out Refis on the Rise / Annaly’s Unique MBS / Ellington CFO Lisa Mumford Retires

April 3, 2018
Paul Muolo and Brandon Ivey
A subsidiary of Annaly Capital Management plans to issue a non-agency mortgage-backed security with a mix of seasoned mortgages...
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FHFA Research Examines AMC vs. Non-AMC Appraisals, Finding…

April 2, 2018
Carisa Chappell
The authors noted that appraisals associated with management companies may be more prone to contract price confirmation and super-overvaluation.
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First Quarter was a Challenge, but MSR Markups Helped

April 2, 2018
Paul Muolo
The trick, though, is to convert that higher MSR value into cash…
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In CFPB Semi-Annual Report to Congress, Acting Director Mulvaney Lays Out His Plan to Radically Reshape the Agency

April 2, 2018
Paul Muolo
In his preamble to the Congressional report, Mulvaney sums it up best, saying "many” members of Congress “disagree with my actions as Acting Director…”
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