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Home » Topics » Inside Mortgage Finance » Originations

Originations
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FHA Urges Calendar-Year Lenders to Begin Recertification Process Early

January 4, 2016
George Brooks
The agency is warning lenders that the annual recertification can be a lengthy, time-consuming process.
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Quicken Exploring Options After Federal Judge Dismisses Its Case Against DOJ, HUD

January 4, 2016
Paul Muolo
Back in April, the privately held Quicken sued the two cabinet level agencies and their leaders, claiming the residential lender was a target of a “political agenda" under which the DOJ…
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Liberal Consumer Group Wants to Trim Mortgage Interest for Jumbos

January 4, 2016
Brandon Ivey
“There is no policy rationale for the federal government to continue to subsidize the portion of mortgages that exceed $500,000,” said Sheila Crowley, NLIHC’s president and CEO.
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Stocks Plunge, Rates Down Slightly; Mortgage Stocks So-So

January 4, 2016
Paul Muolo
As IMFnews went to press, Stonegate Mortgage was suffering the most among real estate finance-related stocks, down 7.16 percent on the day.
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Short Takes: You Can Rule Out Other Lenders Suing HUD / $1.25 Billion Buys A Ton of Lawyers / Michigan Friendlier Than DC? / Erbey Still Loves Ocwen / LeaderOne Hires Light

January 4, 2016
Paul Muolo
“A terrible outcome,” one mortgage consultant told IMFnews…
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Origination of Reverse Mortgages Continues to Grow; Banks on the Sidelines

December 31, 2015
George Brooks
Commercial banks continue to avoid the reverse mortgage market like the plague.
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Nationstar Registers $498.5 Million of Debt Securities with the SEC

December 31, 2015
Paul Muolo
Nationstar Mortgage is laying the ground work for a huge debt sale. But what will it use the money for?
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Non-QM Trouble Ahead: Why Some Lenders Avoid the Empire State

December 31, 2015
Brandon Ivey
Eric Morgenson, a sales manager at Angel Oak, said the lender’s main concern involves New York's foreclosure timelines
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PennyMac Registers Shares for Sale; Potential Sellers Include CEO Kurland, BlackRock, Others…

December 31, 2015
Paul Muolo
If Kurland sells all of the shares he registered, it will leave him with 424,025, making him (still) the largest individual shareholder in the publicly traded REIT.
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In the New Year, Look for Rule Changes from the VA on Fees, Appraisers, More…

December 31, 2015
George Brooks
One proposed rule would establish reasonable fees that VA lenders may charge in connection with the origination and servicing of loans.
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