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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Short Takes: Nationstar Admits Funding Delays / Equity Loans Picks Up IFG Staff / RFC Closes Charlotte Operations Center / FHA Runs Out of Multifamily Money / Two New MSR Deals From MountainView

September 18, 2013
Paul Muolo and George Brooks
Brokers and others who do business with Nationstar Mortgage said they’ve been hearing stories about two-week delays on funds being delivered. Meanwhile, FHA has run out of multifamily money.
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Lower GSE Loan Limit Announcement Coming Soon, NAR Wants Meeting with FHFA

September 18, 2013
Paul Muolo
If FHFA lowers the Fannie Mae/Freddie Mac loan limit, will that business shift over to the FHA?
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Purchase-Mortgage Market Facing Affordability Issues

September 18, 2013
Brandon Ivey
Analysts are now suggesting that higher interest rates along with rising home prices will constrain housing affordability.
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Essent Changes Mind, Decides to Go Public After All

September 17, 2013
Paul Muolo
First, National MI files to go public, now Essent. One might assume the mortgage insurance industry is red hot.
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Short Takes: GSE Earnings Could Fade / Eminent Domain Moves Forward in California But… / Will PHH Sell Fleet Division? / Appraisers Getting Stiffed by AMCs / Large Lender has IT Snafu?

September 17, 2013
Paul Muolo and George Brooks
Fannie Mae and Freddie Mac will not earn a ton of money forever. Or will they?
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IFG of Pennsylvania Begins Cutting Staff, Firm Will Transition to New Platform

September 17, 2013
Paul Muolo
It appears that Integrated Financial Group of Pennsylvania is the latest victim of the mortgage downturn.
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Short Takes: Wanted, East Coast Mortgage Banking Firm / Wells Continues to Offer ‘Cheap’ Jumbos / Where Does Yellen Sit on QE3? / Rising Rates, No Big Deal / Single-Family REO, a New Asset Class?

September 16, 2013
Paul Muolo and Thomas Ressler
Mortgages banking firms are still in demand, but pricing may fall. And at Wells Fargo, it's jumbo rates remain cheaper than GSE rates.
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Fannie Names Terry Edwards COO; He May Get Common Securitization Platform Oversight

September 16, 2013
Paul Muolo
Terry Edwards has received high marks for his accomplishments at Fannie Mae. But can he get the CSP off the ground?
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Mortgage Securitization Rates Remain Sky-High

September 16, 2013
John Bancroft
Despite growth in the non-agency jumbo market, primary market lenders remain focused on production that they can safely securitize through the GSEs and Ginnie Mae.
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Mortgage Buybacks Decline to Lowest Level in Four Years

September 16, 2013
John Bancroft
Mortgage buybacks can vary significantly among seller/servicers because it’s driven by business and legal processes rather than current market dynamics.
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