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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Short Takes: Worrying About the IRS / NRMLA Talking to Members about the HECM Situation / Most Underwriting Can Continue / Mnuchin’s Future / OCC Hires SBC Attorney

December 31, 2018
Paul Muolo
Capital Alpha Partners: “Mnuchin’s job is in danger the same as any cabinet member under Trump...."
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Interest-Only Lending Declines in Third Quarter

December 31, 2018
Brandon Ivey
First Republic Bank, the top IO lender in the group, originated $1.68 billion of product…
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GSE Credit Scoring Models: The Future is Unwritten

December 31, 2018
Dennis Hollier
Fannie and Freddie tossed out the idea of creating their own internal models as impractical...
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FEMA Reverses Course on Decision to Halt New Flood Policies

December 31, 2018
Paul Muolo and Brandon Ivey
The NAR called FEMA’s about-face a “critical win.”
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Industry Concerned About Shutdown and Effect on IRS Verifications, MBA Asks Treasury to Step In

December 31, 2018
Paul Muolo
MBA CEO Bob Broeksmit: “We have made our concerns known to Treasury and request that IRS employees performing this vital work be deemed essential so loan closings can continue without further interruption.”
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Short Takes: OPM Suggests Federal Employees Speak with their Servicers / Agency Releases Draft Letter to Help Reduce Mortgage Payments / 800,000 Federal Employees Impacted by Shutdown / Details on Freddie’s SFR Pilot

December 28, 2018
Brandon Ivey
The sample letter from the Office of Personnel Management notes that because of the shutdown, the federal worker’s income has been severely cut and they are unable to pay the entire cost of their mortgage...
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FEMA ‘Reviewing’ Authority to Allow National Flood Insurance Program to Operate During Government Shutdown

December 28, 2018
Brandon Ivey
FEMA said it is working determine what options exist to enable the National Flood Insurance Program to allow the sale and renewal of flood insurance policies to continue during the government shutdown.
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Broker Tech Platform from AIME Looks to Sign Up More than 20 Wholesale Lenders

December 27, 2018
Brandon Ivey
The seven initial participants in the platform include United Wholesale Mortgage, the nation’s largest table-funder…
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PIMCO Working on a Massive Securitization of Whole Loans?

December 27, 2018
Paul Muolo
It’s common knowledge that the foreign-owned PIMCO is an active buyer of non-agency loans…
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Surprise: Production-Related Activity Saw Profit Boost in 3Q18

December 27, 2018
John Bancroft
However, servicing income was down substantially…
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