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Home » Topics » Inside Mortgage Finance » Originations

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Wells Fargo Ready to Break its Jumbo MBS Drought

September 17, 2018
Brandon Ivey
Wells Fargo accounted for 15.0 percent of all jumbo mortgages originated during the first half of 2018…
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GSE Purchase Business Up Again, but Refis Rise as Well

September 17, 2018
John Bancroft
The refi surge may be attributable to more cash-out transactions.
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Wanted: Two Semi-Retired CEOs Who Can Run Fannie and Freddie

September 17, 2018
Paul Muolo
Then again, maybe needing a CEO is overblown. James Fenkner, a GSE shareholder, told Inside Mortgage Finance: “It is not that the CEOs are paid too little…”
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Parent of Church Street Mortgage Files to Go Public

September 17, 2018
Paul Muolo
If all goes well, the net proceeds will total $20.25 million.
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Short Takes: MBA’s Stevens Looks Back at the GSEs (Pre-Crisis) / A No-Bid Because of FM Watch Ties / What’s FM Watch? / Sharp Elbows? / TMS Buys Two MSR Packages, Is Hungry for More / PenFed Hires USAA Exec to Run Mortgages

September 17, 2018
Paul Muolo
It may be hard to fathom, but Fannie and Freddie once played with very sharp elbows…
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MBS Issuer SG Capital Launches Wholesale Mortgage Originator to Feed a Growing Aggregation Business

September 14, 2018
SG Capital Partners, a boutique investment banking firm chock full of former Goldman Sachs executives, has launched a new wholesale lender to originate non-qualified mortgages, most of which will wind up in MBS deals.
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CFPB Encourages Alternative Consumer Disclosures, Hints at More No-Action Letters

September 14, 2018
Yemeng Yang
But the program has been a dud...
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Questions Linger on Caliber and ‘Full Documentation’

September 14, 2018
Brandon Ivey
The differences are tied to how the rating services define full documentation.
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What We’re Hearing: Freddie Charter Creep? No, Just a Supplemental Service / Caliber Thinking About Going Public? / The Role Das Played in First Data’s Successful IPO / Dimon v. Trump – Bring it On! / Dimon, a Nervous Mess? / New Penn Rolls Out Piggyback

September 14, 2018
Paul Muolo
JPMorgan is the parent company of the nation’s second largest residential lender, Chase. Trump last decade started a small mortgage brokerage operation in Long Island and then killed it...
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Correspondents Rebounded Slightly in Jumbo Production During 2Q18

September 14, 2018
Correspondent-based mortgage production operations lost some ground in the conventional-conforming market during the second quarter of 2018 but made up some of it in an unlikely sector: jumbo originations. Jumbo production by correspondent lenders increased by a huge 63.7 percent from the first to the second quarter of 2018, according to a new Inside Mortgage Trends analysis. The data come from Inside Mortgage Finance surveys from lenders ... [Includes two data charts]
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