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Home » Topics » Inside Mortgage Finance » Originations

Originations
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TRID Suddenly Driving Mortgage M&A Activity?

February 2, 2016
Paul Muolo
Mortgage firms that are thinking about selling are 15 to 25 years old, said one M&A advisor...
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Fannie Mae and Freddie Mac Implement ‘Independent Dispute Resolution’ Program

February 2, 2016
Paul Muolo
For lenders, the best scenario is that an arbitrator might rule in their favor, with a GSE reimbursing them for what Fannie and Freddie call “certain costs and expenses.”
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Quicken’s Parent Launches Personal Loan Unit, Touting Tech Similar to Rocket Mortgage

February 2, 2016
Brandon Ivey
Another large nonbank enters the space for unsecured consumers loans. A trend in the making?
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Short Takes: Selling Your Mortgage Firm? Be Prepared to Stick Around / What do Mortgage CEOs Earn Each Year? / The Falling Yield on the 10-Year / First Tennessee Settles with Uncle Sam / LenderLive Hires Ex-Impac Official

February 2, 2016
George Brooks and Paul Muolo
Earnings are high at most nonbank lenders these days, which makes them attractive to investors...
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Consumers Complaining a Lot Less About Mortgages. What’s Up With That?

February 1, 2016
Thomas Ressler
Kvetching about mortgage servicing was down sharply too, off 23.1 percent compared with the third quarter.
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FBR Drops Coverage of PHH, Fannie and Freddie Too; No Earnings Date for PHH Yet

February 1, 2016
Paul Muolo
In the announcement on dropping coverage, FBR quoted PHH management as saying “organic growth is hard to come by, strategic initiatives are taking longer to achieve, and prepayment speeds on the company’s MSR are still elevated…”
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Short Takes: Equifax Includes FHA in its ‘Subprime’ Numbers / When is Subprime Not FHA? / It Appears PHH is Trading at a Discount / A Jumbo Loan for the Playboy Mansion? / President Trump Might Free the GSEs

February 1, 2016
Brandon Ivey and Paul Muolo
Super-jumbo lenders take note: Hugh Hefner’s Playboy mansion is now officially for sale.
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A Secondary Market Develops for ‘Scratch & Dent’ TRID Loans; Mid-America, Others are Buying

February 1, 2016
Paul Muolo
One company that confirmed its interest in scratch-and-dent TRID loans is Mid America Mortgage.
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Income-Property MBS Hit Post-Crash High in 2015; GSE, Ginnie Mae Multifamily Shine

January 29, 2016
John Bancroft
All three agencies posted big increases in multifamily MBS issuance last year, with Freddie (up 65.4 percent) and Fannie (up 36.4 percent) leading the way…
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Residential Credit Solutions Sold to Walter Through an Asset Transfer

January 29, 2016
Paul Muolo
The REIT had hoped to buy an originator too, but the transaction fell apart...
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