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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Proposed Change to HUD Form Seen as Loophole for Chase and Citi to Continue Funding FHA Mortgages

July 15, 2015
Brandon Ivey
Chase was the sixth largest FHA lender in 2014 with $1.67 billion. Citi ranked 62nd with $342.4 million.
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Mortgage Applications Decline Slightly, Refi Share Rises

July 15, 2015
Sherry Muolo
Some residential lenders are still living off of refi applications that were filed earlier in the year...
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Mortgage Complaints Filed with the CFPB Down 11 Percent, But…

July 14, 2015
Thomas Ressler
Complaints about residential mortgages were among the first type of gripes to be accepted and tracked by the CFPB’s consumer complaint database.
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Wells and JPM Report Gains in Residential Lending; Applications Are Another Story

July 14, 2015
Paul Muolo
JPMorgan Chase earned $584 million from its mortgage banking division in the second quarter, more than double the profit of the first quarter.
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Rent Low, Buy High for Some Counties

July 14, 2015
Sherry Muolo
The “major” counties where it’s cheaper to rent are all in Southern California...
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Short Takes: Wells’ Appetite for Nonconforming Mortgages Rises / Someone Who Didn’t Rat Out the Neighbor on a Foreclosure / Locating Delinquent Borrowers on Facebook / How Much in Senior Home Equity? / A New Hire for LenderLive

July 14, 2015
Brandon Ivey, Paul Muolo, and Sherry Muolo
A few years back, one investor in nonperforming loans told us that when he couldn’t find a delinquent borrower he turned to the Internet, namely Facebook...
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Jumbo MBS Tumbles Almost 33 Percent in Second Quarter

July 13, 2015
Brandon Ivey
Credit Suisse, the top jumbo MBS issuer through the first half of 2015, placed $629.6 million of jumbo MBS in 2Q, down 44.7 percent on a sequential basis.
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Freedom Likes the VA Market; Has Added at Least 700 Workers to Promote FHA/VA

July 13, 2015
George Brooks
Over the past seven months, Freedom Mortgage has added 700 to 800 new employees to promote and originate VA and FHA loans.
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GSE Earnings ‘Sweep’ Cases Won’t Be Settled ‘Out of Court’

July 13, 2015
Carisa Chappell
Perry Capital and other speculators own the junior preferred and common shares of Fannie Mae and Freddie Mac...
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And Yet Another Executive Departure at Nationstar: The Originations Chief

July 13, 2015
Paul Muolo
The recent departures at Nationstar began in May when the company revealed that Executive Vice President and Chief Strategy Officer David Hisey would leave the lender/servicer in mid-June.
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