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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Outlook Improving for First-Time Homebuyers but Underwriting Remains Tight

December 29, 2014
Brandon Ivey
However, originations aren’t expected to spike in 2015 due to a number of factors, including tight underwriting standards.
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More Law Firms Announce ‘Investigations’ Into Ocwen

December 29, 2014
Paul Muolo
The latest entry into the Ocwen legal sweepstakes is Lifshitz & Miller, Garden City, NY, whose specialties include class action lawsuits.
Read More

Banks Increase Holdings of First Liens Ever So Slightly

December 24, 2014
Brandon Ivey
Wells Fargo and JPMorgan Chase increased their first-lien holdings compared to 3Q 2013 while Bank of America and Citigroup experienced a decline.
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Quicken Has Big Hiring Plans for 2015, Including 1,400 Paid Interns

December 24, 2014
Paul Muolo and Sherry Muolo
It’s anticipated that in the coming year nonbanks will continue to steal production market share away from depositories.
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Radian Guaranty Agrees to Sell Sub for $810 Million But Still has a ‘PMIER’ Short Fall

December 24, 2014
Paul Muolo
Radian, said Ibraham, expects to be fully compliant with the PMIER rules and the sale of RAA will help the company “accelerate our ability to do so.”
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Five Oaks, Credit Suisse Team Up on New Jumbo MBS

December 24, 2014
Brandon Ivey
The new jumbo MBS from Five Oaks includes representations and warranties that do not sunset.
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Short Takes: SEC Critical of Rating Agency / Mortgage Vendor Black Knight Unveils IPO / Warehouse Rates Too Good to Be True? / Stonegate Expands Non-Agency Menu / IMFnews (Short) Publishing Break

December 24, 2014
Paul Muolo and Brandon Ivey
We continue to hear reports about a new player in the warehouse lending space that is offering attractive borrowing rates that appear too good to be true.
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Outlook 2015: The CFPB Will Face the (GOP) Music; Dodd-Frank Tweaks?

December 23, 2014
Thomas Ressler
Republicans also will try to subject the CFPB’s budget to the congressional appropriations process.
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Final Jumbo MBS Tally for 2015 Likely Will Top $9 Billion

December 23, 2014
Brandon Ivey
Industry observers believe underwriting standards on mortgages in jumbo MBS will continue to loosen, which might weaken investor confidence.
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Redfin: Fewer Bidding Wars for Homes in 2014

December 23, 2014
Sherry Muolo
Redfin noted that fewer homes sold in under two weeks this year.
Read More
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