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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Guaranteed Rate National Sales Chief Jim Linnane Departs

November 30, 2017
Paul Muolo
Earlier this week, GR promoted two senior vice presidents – James Elliot and Chris Knapp – giving them additional responsibility over sales and recruiting…
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MBA: Origination Profits Declined in 3Q17

November 30, 2017
Paul Muolo
For lenders, the killer was rising expenses: $8,060 in 3Q17 compared to $7,774 in the second quarter…
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Conforming-Jumbo Market Grew Somewhat Faster Than Non-Agency Sector in 3Q17

November 30, 2017
Jumbo mortgage production was up 9.6 percent in the third quarter, a slightly faster growth rate than the 8.8 percent increase in first-lien originations during that period, according to a new ranking and analysis by Inside Mortgage Finance.
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Short Takes: Trump Making a CFPB Short List / Appeal Expected but So Far Nothing / Not on the Merits… / CapLoc Looking for Warehouse Chief / LendingTree on a Roll

November 30, 2017
Paul Muolo and Thomas Ressler
A handful of warehouse managers told IMFnews that a head-hunter hired by CapLoc contacted them about running the firm's warehouse initiative...
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Ginnie Mae Acting President Warns: Lenders Could be Kicked out of the Program for ‘Churning’

November 30, 2017
George Brooks
For lenders that produce pools with inexplicably fast prepayment speeds, removal from the program is not out of the question, said Ginnie Mae's Michael Bright...
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Conforming-Jumbo Market Grew Faster Than Non-Agency Sector in 3Q17

November 30, 2017
John Bancroft
Roughly $119.1 billion of mortgages that exceed the conforming loan limit of $424,100 were produced during the third quarter of 2017…
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New Residential Agrees to Buy Ranieri’s Shellpoint Platform for $190 Million

November 29, 2017
Paul Muolo
According to figures compiled by Inside Mortgage Finance, New Residential ranks fifth among all residential servicers with $343.0 billion of contracts at Sept. 30. New Penn ranks 46th among lenders.
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With Mulvaney Confirmed as CFPB Acting Director, What Happens to English?

November 29, 2017
Thomas Ressler
There are reports that Leandra English’s effort to unseat Mulvaney has been financed by an anonymous group of donors...
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Latest Nonprime MBS from Angel Oak Met with Strong Demand from Investors

November 29, 2017
Brandon Ivey
The Angel Oak family of companies could originate more than $1.0 billion of non-QMs this year…
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With Kittle Backing Away from Top Ginnie Job, Michael Bright May be Trump’s Pick

November 29, 2017
Paul Muolo
“Basically, David [Kittle] came to the conclusion that it just wasn’t worth the wait,” said one industry lobbyist...
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