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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Ocwen Investors Getting Concerned About Latest Lawsky Probe?

April 22, 2014
Brandon Ivey
Some stakeholders said they called the firm’s investor relations department about the latest probe and were told the firm would be saying more about the matter when it reports first quarter earnings.
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First Quarter Mortgage Complaints to CFPB Take a Huge Drop

April 22, 2014
Thomas Ressler
The strong improvement from last year was driven largely by a 46.8 percent plunge in grievances about loan modifications.
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MGIC Posts Strong Earnings, Stock Jumps 7 Percent

April 22, 2014
Paul Muolo
According to figures compiled by Inside Mortgage Finance, MGIC ranks second nationwide in terms of MI policies-in-force. Only Radian ranks higher.
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Short Takes: Ethos To Fund Loans in Colorado / Lawsky Wonders Aloud On Why Ocwen Does Not Love NY Realtors / Jumbo MBS Bust This Year? / Garrett Warns on CFPB / FHFA To Collect More Borrower Info

April 22, 2014
Brandon Ivey, Paul Muolo, Thomas Ressler, and Charles Wisniowski
The FHFA shortly will begin to collect additional, more specific and personal information on borrowers and loans as part of the National Mortgage Database project the agency launched with the Consumer Financial Protection Bureau.
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Big Banks Report Huge Decline in Mortgage Banking Income in 1Q14

April 21, 2014
Brandon Ivey
Mortgage-banking income at nine major banks declined by 27.7 percent in the first quarter of 2014 compared with the previous quarter, according to an analysis by Inside Mortgage Trends.
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Pilot from CFPB Will Aim to Digitize the Entire Mortgage Closing Process

April 18, 2014
Thomas Ressler
The CFPB plans to launch a pilot project as part of its efforts to improve the mortgage closing process.
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Top GSE Sellers Falter in First Quarter of 2014

April 18, 2014
John Bancroft
The market share for the top five sellers to Fannie Mae and Freddie Mac fell to 33.3 percent in the first quarter of 2014.
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Mortgage Hassles Keep Share of Cash Home-Purchases at High Levels

April 18, 2014
Brandon Ivey
While mostly associated with investors, a fair share of current homeowners rely on cash for home purchases as a way to avoid the hassles associated with mortgage closings.
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Short Takes: Prediction on FHA Insurance Premiums / Nonbank Servicer Grows / Donovan to Talk Housing / Outlook for Interest Rates

April 18, 2014
Brandon Ivey
The FHA's mortgage insurance premiums could be set to decline at the end of FY 2015.
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GSEs Get Less Volume From Top Sellers

April 18, 2014
Fannie Mae and Freddie Mac did significantly less business during the first quarter of 2014 along just about every metric you can think of, but the two government-sponsored enterprises saw out-sized declines from their biggest customers. The top five GSE sellers accounted for just 33.3 percent of single-family mortgage deliveries during the first quarter of this year, according to a new Inside Mortgage Trends analysis of ... [Includes two data charts]
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