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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Short Takes: Trouble Ahead for FHA? / Steve Mnuchin’s Christmas Eve Massacre / Significant Players in the Mortgage Market / Who Knows / Who Put the Thought in the Treasury Secretary’s Head? / Craig Phillips Rising? / A New Hire for StoneHill

December 26, 2018
Paul Muolo
Was it Mnuchin’s idea to call the six bank CEOs or did President Trump put him up to it? That storyline has yet to be fully explored…
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Varde Ponders Selling Nonprime Unit Deephaven Mortgage

December 26, 2018
Paul Muolo
Matt Nichols, a former Goldman Sachs executive, launched Deephaven earlier in the decade as a correspondent buyer of non-QM loans.
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Rising Rates May Limit Access to GSE Loans for High-DTI Applicants

December 21, 2018
Even a relatively modest increase in interest rates is likely to have a disproportionate impact on the ability of high debt-to-income households to qualify for GSE loans, according to a recent report by Wells Fargo Securities Structured Products Research.
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ARM Share Drops in the Third Quarter

December 21, 2018
Brandon Ivey
The ARM share typically goes up when interest rates rise, but not this time around…
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Have Yourself a Merry Little … Okay Maybe Not in 2019. Lenders Feeling Anxious These Days

December 21, 2018
Brandon Ivey
The profit margin outlook has declined for nine consecutive quarters…
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Securitization Rates Nudge Higher in 3Q18 as Issuance Catches Up with Primary Market

December 21, 2018
John Bancroft
The securitization rate increased to 71.6 percent in 3Q18 compared to 65.0 percent in the previous period…
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Not Going Anywhere: HUD Secretary Ben Carson

December 21, 2018
Paul Muolo
Meanwhile, acting Ginnie Mae President Michael Bright still awaits Senate confirmation, even though he was officially nominated to the post by President Trump on May 15.
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SIFMA Meets with White House Officials on GSE Single-Security Initiative

December 21, 2018
John Bancroft
The Wall Street group’s advisory council on TBA guidelines met earlier this week with several key Trump administration officials...
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As Expected, OCC Chief Otting Tapped by White House to be Interim FHFA Director

December 21, 2018
Paul Muolo
Joseph Otting will be joining the Trump administration's "two-hat" club...
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What We’re Hearing: The Senate Waiting Game and Mark Calabria / What Might Mnuchin Come Up With? / Otting and Mnuchin and One West / Angelo Mozilo Makes it Rain Once More / MorVest’s MSR Auction / George Bailey Lives (A VA Story) / A Short Publishing Brea

December 21, 2018
Paul Muolo
The news of Otting’s appointment and what might transpire afterwards did nothing to boost the share price of Fannie and Freddie common...
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