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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Homebuyers Change Tactics in Effort to Make Purchases in Competitive Market

August 19, 2015
Brandon Ivey
Repeat homebuyers are increasingly selling their existing homes before purchasing a new property, according to a survey by Redfin.
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First-Time Homebuyers Faced with Higher Price-to-Income Ratio than Buyers in Previous Decades

August 18, 2015
Brandon Ivey
Increases in home prices have outpaced growth in income for first-time homebuyers, according to an analysis by Zillow.
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FHA Enhances Lender Performance Assessment with Supplemental Performance Metric

August 18, 2015
George Brooks
The metric will assess lender performance based on the lender’s default rate within three credit-score bands and compare it to an FHA target rate, rather than to the lender’s peers.
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Short Takes: Neighborhood Watch Back Online / Delinquencies Decline / Higher Loan Amounts at FHA / MBA's Summer Lobbying Agenda

August 17, 2015
Brandon Ivey
The rate of borrowers 60 days or more delinquent on their mortgages fell to 2.72 percent in the second quarter of 2015, according to TransUnion.
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GSE MBS Issuance Continues to Increase, Partly Due to Seasoned Loans

August 14, 2015
John Bancroft
A big part of Freddie’s sharp increase in issuance came from the $8.00 billion of seasoned loans the company securitized in July.
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U.S. Timeshare Delinquencies at Lowest Level in Eight Years

August 14, 2015
Thomas Ressler
Timeshare collateral has displayed consistent year-over-year improvement since 2012.
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2Q Profit Tally: Servicing Rebounded From Rough 1Q, But Production Margins Fell

August 14, 2015
John Bancroft
Although all 13 firms reported positive earnings on their origination and sales activity, many noted that production-related revenue did not keep pace...
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Piggyback Seconds Making a Comeback with a Focus on Jumbos

August 14, 2015
Carisa Chappell
MGIC recently pointed to lenders using piggyback structures to avoid PMI as a potential headwind to future earnings...
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What We’re Hearing: Who’s Going Public? / The FIG of Houlihan Lokey Has Been Busy / loanDepot’s Investor? / Thank You, China / Chinese Nationals Need to Pay in Dollars / Mortgage Debt Should Rise Soon / How Donald Trump Might Pay Off Our Bills

August 14, 2015
Paul Muolo
When a nonbank unveils a nonconforming product that can’t be securitized the first question we ask is this: where will the loans ultimately reside?
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Servicing Rebounded From Rough First Quarter, But Production Margins Fell

August 14, 2015
Mortgage bankers saw improved profitability in both servicing and loan production during the second quarter of 2015, according to a new Inside Mortgage Trends analysis of earnings reports from major lenders. A group of 13 publicly traded companies reported a combined $2.10 billion of production-related income during the second quarter. That was up 9.9 percent from the previous period, and raised their combined production earnings for the first half of the year to $4.01 billion, a 54.7 percent increase over the same period in 2014. Although all 13 reported positive earnings on their origination and sales activity, many noted...[Includes one data table]
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