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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Mortgage Grapevine: Robust Pipelines Continue / A Hint of M&A Activity

October 10, 2019
Paul Muolo
Origination pipelines remain full and lenders, for the most part, are feeling optimistic about profits. Can it last? Probably, as long as rates remain low.
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Altisource Pulls the Plug on Real Estate Advisory Unit

October 10, 2019
Paul Muolo
Mortgage vendor Altisource this week closed its consumer advisory service Owners.com, even though home sales and originations remain brisk.
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Characteristics Vary Among Mortgages for Investment Properties

October 10, 2019
Brandon Ivey
Underwriting standards vary sharply for investment-property loans delivered to the GSEs and those sold into non-agency MBS.
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GSEs to Retain More Capital. Should Investors Steer Clear?

October 3, 2019
Paul Muolo
Fannie and Freddie can keep more of what they earn thanks to a new Treasury/FHFA edict, but buying stock in the two companies remains a dicey proposition.
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Lenders Anticipate Strong Originations for the Rest of 2019

October 3, 2019
Paul Muolo
Remember when rates ticked up a few weeks ago? Forget about it. Rates fell again, applications are strong and pipelines are full.
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Stakeholders Seek Improvements in HECM Program

October 3, 2019
George Brooks
Witnesses at a House subcommittee hearing on the reverse mortgage program called for improved servicer oversight, mandatory loss mitigation for new HECMs and a new risk rating system.
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Connecticut Lender, Regulator in Licensing Row

October 3, 2019
Yemeng Yang
A Connecticut lender has accused a state regulator of forcing it out of business by adopting an aggressive interpretation of the LO licensing law.
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North Dakota Appraisal Waiver Draws Ire from Democrats

October 3, 2019
Brandon Ivey
A temporary waiver from appraisals for certain residential real estate transactions in North Dakota has come under fire from Democrats.
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Mortgage Grapevine: 3Q19 Was Pretty Darn Good / Ditech, Anyone?

October 3, 2019
Paul Muolo
Based on reports from non-QM lenders Angel Oak and Citadel, the third quarter was a strong one for most originators. Meanwhile, the Ditech wind-down is almost over.
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QM ‘Patch’ Debate Extends to Underwriting Systems

September 26, 2019
Brandon Ivey
In addition to making a decision on how DTI ratios should factor into determining QM status, the CFPB is being asked to endorse an automated underwriting system for the same.
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