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Home » Topics » Inside Mortgage Finance » Originations

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Dems Up Pressure to Include Housing in Infrastructure Bill

October 21, 2021
Dennis Hollier
While some conservative and moderate Democrats have hinted that they’ll accept a substantially smaller infrastructure bill than originally planned, other key members of the party say housing must be part of the package.
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The M&A Question: Which Side Are You On?

October 14, 2021
Paul Muolo
Profits (and profitability) drive the decision to sell a mortgage company. Several lender/servicers are at an inflection point or soon will be. In sum, the rest of 2021 should be interesting.
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Head Start on Higher Loan Limits Could Cause Complications for LOs

October 14, 2021
Brandon Ivey
Many lenders have increased their GSE loan limits nearly three months before new official limits come into play. Originating the loans, though, between now and the end of the year isn’t going to be as simple as lenders think.
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When Bad News Strikes, Recruiters Can Cause Headaches

October 14, 2021
Paul Muolo
In the wake of a messy lawsuit filed by a former top official, loanDepot’s staff has been the target of recruitment efforts. Should we be surprised?
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PNC Bank Hit With Class Action on Deferral Practices

October 14, 2021
Dennis Hollier
By adding deferred payments to the end of the mortgage, the bank may be double-charging borrowers for the principal payments.
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Grapevine: Chase’s October Surprise / Non-QMs and GOS?

October 14, 2021
Paul Muolo
JPM upped its MSR portfolio by roughly $45 billion in 3Q21. Good thing because the asset is rising in value. Will other commercial banks follow suit?
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Lenders Urge States to Extend Work From Home Flexibilities

October 11, 2021
Brandon Ivey
There’s no uniformity in how states are handling workplace requirements for mortgage companies during the pandemic. Industry participants are calling for the ability to work from home to be a permanent option.
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Cash-Out Refis: Boom Without the Bust

October 7, 2021
Dennis Hollier
An FHFA-OIG report suggests underwriting for the current wave of cash-out refinances is much better than in previous cycles.
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A Reason to Pause on Mortgage Fintech Better.com?

October 7, 2021
Paul Muolo
No one ever said becoming a public company was easy, but a new public filing related to Better.com’s plans reveals some of the roadblocks that lie ahead. Will investors take note?
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Depositories Come Back in 2Q21 Mortgage Slump

September 30, 2021
John Bancroft
The decline in mortgage origination from the first to the second quarter hit nonbanks harder, but the industry still accounted for 70% of production by the top 100 lenders. (Includes two data charts.)
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