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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Home Point Financial Inks Deal to Buy Emery Financial’s Assets

July 27, 2016
Paul Muolo
Home Point, which has backing from a PE firm, may have its ears open to future deals…
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Ocwen Lost $87.3 Million in 2Q16, but Originations Increased 35 Percent

July 27, 2016
Paul Muolo
However, one bright spot was originations, which increased sequentially by 35 percent to $1.32 billion.
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Flagstar Grows Originations by 31.1 Percent in Second Quarter

July 26, 2016
Paul Muolo
Flagstar capitalized its residential servicing portfolio at 99 basis points at June 30, compared to 106 bps at March 31.
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Top 40 Originator EverBank in Takeover Talks with ‘Well-Respected’ Financial Services Firm

July 26, 2016
Paul Muolo
However, EverBank has been cutting back its presence in residential finance, a trend that was cemented when Tom Wind left the company in December...
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Thanks to ‘Brexit’ Vote and Resulting Refis, Origination Capacity is Strained, and Then Some

July 26, 2016
Brandon Ivey
Applications and refis are so robust that production "capacity" is now a major concern...
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Short Takes: Ginnie Mae MSR Demand: Deadly Slow? / FHFA IG Says Agency Shirking Its Duty / Summer Foreclosure Rates Looking Good (for Consumers) / Prepayment Speeds Spike / A New Hire at NCB

July 26, 2016
Paul Muolo, Brandon Ivey, Sherry Muolo, and Carisa Chappell
The IG accused the FHFA of shirking its responsibility to effectively examine Fannie Mae and Freddie Mac...
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Greenwich-Based Investment Advisor Reveals 8.3 Percent Stake in PHH

July 25, 2016
Paul Muolo
Who is Silver Point and why does it now own so much of PHH?
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Small Banks and Nonbanks Rally Around Bill that Provides CFPB Relief

July 25, 2016
Thomas Ressler
The Community Mortgage Lenders of America said the bill strikes a balance of maintaining safe lending while freeing up resources so more consumers can obtain a mortgage.
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In a Move to Boost Liquidity, Ginnie Will Update ‘Acknowledgment’ Agreement

July 25, 2016
Paul Muolo
Several large banks accept the current acknowledgement agreement, while others avoid it like the plague.
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Megabank Originations Surged in 2Q16, but Mortgage Profits Sagged

July 25, 2016
John Bancroft
The bigger issue was a sharp drop in net servicing income…
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