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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Rated MBS Backed by Fix-and-Flip Bridge Loans Likely

November 6, 2018
Brandon Ivey
Fix-and-flip financing has gradually increased each year since 2011…
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Short Takes: Calabria for the FHFA Job? / Egenhoefer’s New Gig? / Ocwen’s Share Price Gets Clocked / WAMCO Prepares EC MBS / Invitation Homes’ SFR Inventory / Fast-Growing Servicers

November 6, 2018
Brandon Ivey and Paul Muolo
Among the nation’s top 20 servicers at Sept. 30, Freedom Mortgage had the largest increase its MSR balances...
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Mortgage Brokers Gain Share in FHA Lending, but Lose Ground on VA

November 5, 2018
John Bancroft
United Shore Financial Services ran the top FHA wholesale-broker program, generating $1.53 billion during the third quarter.
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As the Clouds Roll In, Some Lenders Turn to Non-QM, Including FGMC

November 5, 2018
Paul Muolo
PIMCO, which controls FGMC, is no stranger to the non-QM market…
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New Residential in Talks with Multiple Lenders to Buy Non-QM Loans

November 5, 2018
Brandon Ivey
Nierenberg, a former Bear Stearns executive, stressed that New Residential is going to be relatively conservative with its underwriting standards for non-QMs.
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Ahead of 3Q18 Results, Impac’s Share Price Falls to a 52-Week Low

November 5, 2018
Paul Muolo
Impac’s share price fell to a new 52-week low Monday: $5.10.
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Mutual of Omaha’s MB Inks Deal to Buy Assets of BBMC

November 5, 2018
Paul Muolo
No details were provided regarding the assets that Synergy will take on…
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Short Takes: The Election Day Crystal Ball and the GSEs / One More Try at a GSE Bill? / Hensarling Wants to Bury the GSE Model / John Britti’s Extra Pay / A New Texas Branch for Waterstone

November 5, 2018
Paul Muolo
On Friday, long-time GSE critic Rep. Jeb Hensarling, R-TX, took one more rock to Fannie and Freddie...
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Non-Agency MBS Market Revels in a Banner Year, But…

November 2, 2018
John Bancroft
The nonprime sector has split off from jumbo, and there are now roughly 70 investors in the sector.
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PennyMac Posts Net Income of $56.2 Million, Founder Sees Consolidation Ahead

November 2, 2018
Brandon Ivey
Stan Kurland: “We expect to see consolidation in the mortgage market, and successful firms will be the ones that have the size, scale and technological capabilities to compete."
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