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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Originations Stall in 3Q23 as Lender Ranking Reshuffles

October 26, 2023
John Bancroft
A handful of lenders stepped on the accelerator in the third quarter, boosting originations and market share. Overall, first-lien lending fell 3.8%.
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Better Facing the Music Over Lagging Stock Price

October 26, 2023
Paul Muolo and Brandon Ivey
While originations and revenues sink at fintech Better, management remains well compensated, which is sure to irk suffering shareholders.
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Wholesale Lenders Get Creative to Entice Brokers

October 26, 2023
James Dohnert
New programs from United Wholesale Mortgage and The Loan Store highlight the unique ways lenders are pushing for wholesale broker business in today’s high interest rate environment.
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Grapevine: Comment Period on Bank Capital Proposal Extended

October 26, 2023
Brandon Ivey and Paul Muolo
The comment deadline is now Jan. 16 and the Fed launched a data collection effort; Homestar Financial calls it quits.
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FHFA Eases Repurchase Requirements for Lenders

October 19, 2023
Dennis Hollier
Extending rep-and-warrant relief to loans that successfully exit COVID-19 forbearance could further reduce the already small volume of buyback requests.
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Megabanks Report Lower Originations for Third Quarter

October 19, 2023
Paul Muolo
Third-quarter results from the publicly traded megabanks have arrived. The mortgage read: mostly lower originations, but higher MSR marks.
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As Others Stumble, CMG Hopes to Gain

October 19, 2023
Paul Muolo
In the smoke and dust of a production collapse is the best time to be a buyer of other shops. That’s the philosophy of CMG Mortgage, now a top-20-ranked lender that should continue to climb in the league tables.
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Grapevine: Home Prices Expected to Cool; FoA Downgraded

October 19, 2023
Brandon Ivey
Home price appreciation expected to slow; Fitch downgrades ratings on Finance of America; OCC plans survey of consumer trust in banking.
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Housing Inventory Expected to Remain Constrained

October 13, 2023
James Dohnert
Locked-in low interest rates and large amounts of tappable equity are compounding an already constricted housing market.
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Trade Groups Plead With Fed to Provide Certainty

October 12, 2023
Brandon Ivey
The MBA, NAHB and NAR want the Fed to announce it’s done raising interest rates and that it won’t sell MBS holdings until there’s some stability in the housing market. The request could fall on deaf ears.
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