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Home » Topics » Inside Mortgage Finance » Originations

Originations
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BB&T Quietly Cuts Mortgage Staff Including Correspondent Manager

January 8, 2019
Paul Muolo
The RIFs at BB&T started in December and more are expected...
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TMS Exiting Retail and Wholesale Channels, Will Focus on Servicing, Correspondent Acquisitions

January 8, 2019
Paul Muolo
AmeriSave said it wants to scale its origination business…
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Short Takes: $249 Million in Mortgage Payments at Risk? / Will Trump Order Fannie and Freddie to Stand Down? / Assessing Mark Calabria / Lovell Buys ATTOM / LoanLogics Hires Mortgage Tech Vet

January 8, 2019
Namrata Bhatia, Brandon Ivey, and Paul Muolo
Overwhelmingly, industry analysts expect Mark Calabria to shake things up at the Federal Housing Finance Agency – that is, once he’s approved by the full Senate.
Read More

Non-Agency MBS Issuance Nearly Doubled in 2018

January 7, 2019
Brandon Ivey
JPMorgan Chase and Redwood Trust are the dominant issuers of non-agency MBS…
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loanDepot Hires Caliber Executive John Bianchi to Head National Sales

January 7, 2019
Paul Muolo
loanDepot founder and CEO Anthony Hsieh: “We believe in distributed retail…”
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CMG Mortgage Expands in the Northeast, Assumes 14 RPM Branches

January 7, 2019
Paul Muolo
RPM CEO Rob Hirt was good-natured about the departures: “I wish CMG continued success into 2019…”
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Democrats on the HFSC Seek FHA Loans for DACA Recipients

January 7, 2019
George Brooks
Although HUD has voiced its opinion on the eligibility of DACA recipients informally, no official, definitive pronouncement has been issued – to the consternation of lenders.
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Short Takes: IRS Cranks Up the IVES Machine Again / Otting at FHFA, Day 1 / AltLoan Enlists a New Capital Markets Partner / 45 Percent Plan to Enter the Non-QM Space This Year / Academy LO Joins Bay Equity Home Loans

January 7, 2019
Brandon Ivey and Paul Muolo
Roughly 45 percent of respondents said they definitely will enter the the Non-QM market this year.
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MBS/ABS Market Ends Year with Lackluster Production. Weakest Reading in Five Years

January 4, 2019
John Bancroft
The biggest reason for the slump: the decline in single-family MBS production by Fannie, Freddie and Ginnie…
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Government Shutdown has Little Effect on FHA/VA Loan Programs (So Far)

January 4, 2019
George Brooks
No disasters have been reported yet, but some lenders are beginning to worry...
Read More
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