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Home » Topics » Inside Mortgage Finance » Originations

Originations
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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...
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Interest-Only Originations Spiked 45 Percent in 2Q; PHH Mortgage a Standout

September 26, 2016
Brandon Ivey
Morgan Stanley was offering a 5/1 IO ARM with an interest rate of 3.850 percent for loan amounts below $1 million…
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