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Home » Topics » Inside Mortgage Finance » Originations

Originations
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After 75 Years, the NAHB Tosses the Mortgage Interest Deduction Overboard

October 4, 2017
Paul Muolo
NAHB's Jerry Howard said a doubling of standard deductions – if it becomes law – could prove to be a powerful financial tool for home buyers.
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Ocwen Says SEC Clears it of Wrongdoing in Two Matters

October 4, 2017
Paul Muolo
Ocwen suggests that other mortgage firms are being investigated by the SEC for their use of collection agents...
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Trouble in IO Land? 1H17 Production Down Almost 20 Percent

October 4, 2017
Brandon Ivey
First Republic Bank originated $1.90 billion of IOs in the second quarter of 2017, ranking first nationwide.
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Cato: Most Americans Support Bipartisan Commission for the CFPB

October 4, 2017
Thomas Ressler
“Those on the left side of the political spectrum are more likely to know what the CFPB is and have a positive opinion of it,” said Cato’s Emily Ekins.
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A Coming Boom for Non-Agency MBS? New Deals are Oversubscribed

October 4, 2017
Brandon Ivey
Kroll Bond Rating Agency projects that about $11.0 billion of prime non-agency MBS will be issued this year…
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Lenders Defend Bank-Statement Mortgages

October 3, 2017
Brandon Ivey
“Today we can definitely say we know everything about that borrower,” said Steven Schwalb of Angel Oak…
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Short Takes: Some Criticism for the GSE Regulator / Security National Passes $3B Mark / Ellie Mae Completes Velocify Deal / Banks Will Pay Because of Equifax Mess / Executive Bolts Stearns for Sierra Pacific

October 3, 2017
Paul Muolo and Thomas Ressler
But that didn’t stop the conservative from the Lone Star state from offering up some critiques on the FHFA...
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HomeStreet Scales Back Mortgage Operations, Cites Lack of Housing Supply on West Coast

October 3, 2017
Brandon Ivey
HomeStreet will reduce its mortgage banking staff by 60 full-time equivalent employees...
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FHFA Director Mel Watt Once Again Sounds Warning on GSE Capital Buffer, Offers Hints on What He Might Do

October 3, 2017
Paul Muolo
FHFA Director Mel Watt: “In fact, it is especially irresponsible for the enterprises not to have such a limited buffer..."
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Surprise (Or Maybe Not): ARM Originations Up Sharply in Second Quarter

October 2, 2017
Brandon Ivey
LoanDepot more than doubled its ARM originations in that span, and large increases were also seen at Wells Fargo, Bank of America Home Loans, First Republic Bank and MUFG…
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