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Home » Topics » Inside Mortgage Finance » Originations

Originations
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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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Borrowers Look for Lenders that Offer Digital Mortgage Features and Some Person-to-Person Communication

September 13, 2018
After years of talk about “digital mortgages,” now is the time that lenders should adopt such technology, according to Henry Cason, a senior vice president at Fannie Mae and head of digital products for the government-sponsored enterprise’s single-family business.
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Short Takes: Late for an Anniversary / GSE Reform: A Solution Searching for a Problem / ClearEdge Lending Ramps Up / Warehousing the Non-QM Market / LendingTree Shareholders Not Smiling Right Now

September 13, 2018
Paul Muolo
Silvergate Bank is actively providing warehouse lines of credit to non-QM lenders and we understand that Comerica is now sticking its toe in the water…
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Stearns Agrees to Buy Stake in $3.2 Billion Lender as Part of PPP Effort

September 13, 2018
Paul Muolo
The pending deal marks the second acquisition in Stearns’ new Preferred Partner Platform initiative…
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Growing Quickly, Tech Vendor Blend Names Former Treasury Secretary Jacob Lew to Advisory Board

September 13, 2018
Brandon Ivey
The number of mortgage lenders using technology from Blend has quadrupled in the past year…
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Home-Equity Lending Up Sharply in 2Q18, but Market Far Below Its Potential

September 13, 2018
John Bancroft
Mortgage lenders generated an estimated $54.0 billion of new home-equity loans during the second quarter, up 18.7 percent…
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September Issuance of Final FHA Condo Rule Unlikely

September 13, 2018
George Brooks
So far, the final rule has not been delivered for OMB review, a process that in the past has sometimes taken months to complete.
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Short Takes: Wells Fargo’s (Mortgage) Job Cuts / Annaly Poised to Buy More MSRs? / FHFA Seeks Comment / Eight Consecutive Quarters of Feeling Bad About Profit Margins / PenFed Hires a TV Journalist

September 12, 2018
Paul Muolo
Annaly may use the proceeds to fund additional acquisitions of mortgage servicing rights…
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S&P Estimates $63B of CMBS Exposure to Hurricane Florence

September 12, 2018
Yemeng Yang
The CMBS transactions with the highest potential exposure are collateralized by shopping malls and office properties in Northern Virginia...
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Ginnie Mae MBS Issuance Nudges Higher in August but Trails 2017

September 12, 2018
John Bancroft
Through the first eight months of the year, Ginnie issuance was down 11.0 percent...
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