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Home » Topics » Inside Mortgage Finance » Originations

Originations
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What We’re Hearing: Two Giants May Change Hands (Or Maybe Not) / Job Cuts at Ditech / Can HL Sell Ditech Fast Enough? / Tom Marano’s Experience with Troubled Shops / CALCAP Bullish on Fix-and-Flip / A Confidential GSE File On…

August 17, 2018
Paul Muolo
It might be in Ditech’s best interest if Houlihan Lokey finds a buyer now while MSR values are still peaking…
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California Still a Rich Market for Loan Officers

August 17, 2018
California, the largest mortgage market in the U.S., appears to provide more than enough business for loan officers, according to a new Inside Mortgage Trends analysis that compares the number of registered and licensed LOs in each state to the volume of home loans and mortgage applications. [Includes one data chart.]
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Jumbo Originations Up Sharply in 2Q18

August 16, 2018
John Bancroft
Wells Fargo, JPMorgan Chase and Bank of America were the top producers of jumbo loans in the second quarter…
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Angel Oak Readies Non-Agency MBS

August 16, 2018
Paul Muolo
Select Portfolio Services will handle the monthly servicing chores for Angel Oak.
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Bankers Ask for TRID Exemption on Single-Family Construction Loans

August 16, 2018
Yemeng Yang
Bankers argue that single-family construction loans should be exempt from TRID because they are temporary and cover construction activity…
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Jumbo Loan Originations Up Sharply in 2Q18 as Purchase-Mortgage Lending Fueled Production

August 16, 2018
First-lien mortgage originations were up across all product lines in the second quarter of 2018, but the jumbo market saw the biggest gains from the first three months of the year, according to a new Inside Mortgage Finance ranking and market analysis. [Includes two data charts.]
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Short Takes: The BRAWL Continues / Don’t Worry About the Broker / An Old Complaint / Broker Market Share / Who Caused the Mortgage Crisis? / Brian Brooks, a Candidate for the Fannie CEO Job? (Probably Not)

August 16, 2018
Paul Muolo
But we will remind readers that wholesalers refinancing clients (via a retail arm) originally brought to them by a broker is a decades-old complaint…
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RBS Agrees to Pay DOJ $4.9 Billion to Settle MBS Fraud Charges

August 15, 2018
Paul Muolo
Among those subprime MBS investors: Fannie Mae and Freddie Mac.
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Moody’s Gives loanDepot an ‘Average’ Assessment

August 15, 2018
Brandon Ivey
This spring, loanDepot was rumored to be a takeover target of Internet retailer Amazon.com…
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Quicken Loses Large Broker Partner, Blames BRAWL, UWM and its CEO

August 15, 2018
Paul Muolo
CEO Mat Ishbia: “We are not sure why Quicken Loans has decided to bring UWM into this situation."
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