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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Short Takes: Origination Profits Down 6 Percent / Black Knight: Foreclosure Inventory Continues to Head South / Underwater GSE Inventory / Purchase-Money Stand-Outs According to IMF / UWM Names Chief Digital Officer

December 4, 2014
Paul Muolo
If you’re looking to buy a foreclosure for a quick “flip,” you might want to act quickly. Inventory is shrinking rapidly...
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Treasury’s OFR: Standard Used for QRMs Wasn’t Meant to Protect Lenders or Investors

December 3, 2014
Brandon Ivey
The Treasury Department noted that QRM standards do not include requirements for loan-to-value ratios.
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Genworth Survey: Industry Concerned About G-Fee Increase

December 3, 2014
George Brooks
Some 61 percent of mortgage executives believe lenders are overly restrictive with underwriting standards.
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Some Nonbanks Post Spectacular Growth in Correspondent Lending

December 3, 2014
John Bancroft and Paul Muolo
As one West Coast-based mortgage executive told IMFnews: “It can be a very tough space. You need lots of capital."
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Bank Holdings of Non-Mortgage ABS Spiked Higher in 3Q

December 3, 2014
John Bancroft
The sharp increase in industry holdings was fueled by a massive acquisition of credit card ABS by TD Bank...
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PennyMac Jumps Into Multifamily and Small-Balance Commercial Loan Market

December 3, 2014
Paul Muolo
Eventually, PMFS hopes to securitize its originations through PMMIT. Initially, its maximum loan amount will be $10 million,
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Short Takes: Mortgage Job Outlook for 2015: Go With the Nonbanks / Thanksgiving Gives Mortgage Business Indigestion / Warehouse Execs Flock to Trade Show / Questions Raised on New Warehouse Firm / HUD Finally Gets #2

December 3, 2014
George Brooks and Paul Muolo
We’ve heard scattered reports about a new nonbank warehouse provider that is offering extremely cheap financing while asking for large fee payments upfront...
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Hedge Fund Glenview Increases Stake in PHH Corp.

December 2, 2014
Paul Muolo
At 7.59 percent, the hedge fund is now the third largest institutional investor in PHH.
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WinWater Set to Issue Its Third Jumbo MBS, FirstKey Helps Aggregate

December 2, 2014
Brandon Ivey
Prospect Mortgage is the top contributor to the deal with an 11.2 percent share of the collateral.
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Fannie/Freddie Guaranty-Fee Disparities: All But Gone?

December 2, 2014
John Bancroft
At the same time, the market share of GSE business has been redistributed toward the smaller lenders.
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Latest Imf News

  • Refi Deliveries to GSEs Level Off in January

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Featured Data

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