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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Will the Wells Fargo Account Scandal Hit the Megabank’s Mortgage Business? Correspondent Sellers Fear ‘Reputational’ Risk

September 29, 2016
Paul Muolo
Meanwhile, other lenders said they are hearing reports of correspondent originators slowing down the sale of closed loans to Wells.
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Academics Weigh In: DFA Mortgage Rules Benefitted the Wealthy

September 28, 2016
Thomas Ressler
However, Georgetown University professor Adam Levitin is challenging the findings of his DC-area colleagues.
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Redwood CEO: JPMorgan ‘Ahead of Everybody Else’ with Non-Agency MBS Packed with GSE-Eligible Loans

September 28, 2016
Brandon Ivey
The Redwood CEO said the MBS offer a number of benefits to Chase, including effectively cutting the guaranty fee…
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HUD Rolls Out New Rules for Condo Projects; ‘Spot Approvals’ Reinstated

September 28, 2016
George Brooks
In addition, HUD proposes to vary its owner-occupancy requirement…
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Analyst: PHH Corp. Is Just too Cheap; But Will a Buyer Emerge?

September 28, 2016
Paul Muolo
A decade ago, PHH Mortgage had several suitors, including Countrywide Financial, which once coveted its private-label business…
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Short Takes: So Long to GSE Plaintiff Perry Capital / Lost Cause? / GSE Common is Cheap / RBS Settles CU MBS Case / Front-end or Back-end?

September 28, 2016
Paul Muolo
Closing the fund means that Perry Capital will have to liquidate its holdings – including its positions in Fannie and Freddie...
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VA Lending Up Almost 30 Percent; Nonbanks Dominate

September 27, 2016
George Brooks
Among the top 20 VA lenders, just six depositories made the cut: USAA, Navy Federal, Wells Fargo, Flagstar Bank, The Federal Savings Bank and North American Savings Bank…
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‘Big’ M&A Announcements Slated for MBA Convention in Boston?

September 27, 2016
Paul Muolo
Most of the firms looking to buy other shops are nonbanks…
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Freddie Mac Rolls Out Front-End Risk-Sharing Pilot; But No Benefit for Lenders

September 27, 2016
Paul Muolo
One trade group source had this to say about the arrangement: “There’s no g-fee break? Then it doesn’t sound like front-end coverage that helps lenders.”
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Short Takes: Trump Has Some Choice Words for Janet Yellen / The CFPB Now Carries the Wells Fargo ‘Shield’ / FBR Likes MI Sector / Alt Credit Score Models? / A New CEO for New Castle

September 27, 2016
Paul Muolo and Thomas Ressler
Apparently, not everyone is a fan of low rates. Take Donald Trump, for instance...
Read More
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