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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Nonbanks Contemplate Raising Debt. But Can They?

June 15, 2017
Paul Muolo
Two years ago, Quicken Loans sold $1.25 billion worth of corporate bonds at a yield of 5.75 percent for 10 years.
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Short Takes: Atlanta Nonbank Gets its Ginnie Mae Eagle / FSR Top Heavy in Former FHFA Officials / MAXEX Wants to be a Player in Jumbos / Hunt Mortgage Hires PennyMac Official

June 15, 2017
Brandon Ivey and Paul Muolo
It certainly seems like the Financial Services Roundtable wants to be a key player in GSE reform...
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Summer’s Here and Mortgage M&A Market Is Heating Up; Stearns Pounces; Caliber and Flagstar Looking

June 15, 2017
The market for mortgage mergers and acquisitions is beginning to heat up with talk about who’s in – and who might be out. According to investment banking officials speaking under the condition they not be identified, Caliber Home Loans and Flagstar Bancorp continue to make their intentions known as buyers. “Caliber is looking to make a big splash,” noted one advisor who said he’s been contacted by the privately held lender. “And they have money behind them too.” That “money” would be...
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USDA Securitizations Decline; Freedom Shows Stellar Growth, Thanks to Chase Deal

June 14, 2017
George Brooks
In the first quarter, Amerihome Mortgage had the largest sequential growth rate in USDA lending.
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MBS Investors Hold Their Noses, but Overseas Demand is Robust

June 14, 2017
Thomas Ressler
One bright spot consists of Japanese investors, which are showing strong growth in dollar-dominated bond holdings…
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In Wake of Accounting Problems, Walter/Ditech Discloses ‘Waivers’ From Warehouse Lenders

June 14, 2017
Paul Muolo
Walter’s warehouse providers include Wells Fargo and Credit Suisse, among others.
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Marketplace Lender SoFi Files for Bank Charter. Is an IPO in the Wings?

June 14, 2017
Paul Muolo
Last year, SoFi received approval to become a Fannie Mae seller/servicer.
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Short Takes: Lending to Real Estate Agents? / An Industrial Bank Charter / SoFi’s Purchase of Zenbanx / Apps Rise / C&C Moves Into Reno

June 14, 2017
Paul Muolo
And a business plan is born: lending money to real estate agents...
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Trump-Mandated Report on Regulatory Reform has Treasury Blaming Dodd-Frank for Tight Mortgage Credit

June 13, 2017
Paul Muolo
The Treasury Department says it’s possible that originations are being stifled by caps on points and fees charged to borrowers.
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Reverse Mortgage Lending on the Rise Again, but…

June 13, 2017
George Brooks
American Advisors Group continued to dominate the HECM market, funding $691.0 million of reverse mortgages…
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