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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Short Takes: Megabank Bidding on VA IRRRLs / HUD Didn’t Fix the Mess / Blame the Dodd-Frank Reform Act / Applies to REMICs Only / JPM Remains the FHLB Advance King

July 5, 2018
Carisa Chappell and Paul Muolo
Needless to say, the VA IRRRL issue is complicated...
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LenderLive Pondering a Sale? Or Something Else?

July 5, 2018
Paul Muolo
In July 2017, the vendor named Rob Clements chairman and CEO and John Surface president and chief operating officer. Both came over from EverBank Financial…
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DBRS Tops in Rating Non-Agency MBS

July 5, 2018
John Bancroft
Kroll Bond Rating Service moved up from fourth place in 2017 to start this year in second…
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A Big Decline for Interest-Only Originations

July 3, 2018
Brandon Ivey
Among all IO originators, First Republic Bank ranked first with $1.54 billion…
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Despite Favorable Court Rulings, Questions Remain on Marketing Services Agreements

July 3, 2018
Yemeng Yang
The RESPA statute and existing regulations still clearly prohibit payments for referrals…
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Short Takes: An MSR-Only Sale for Ditech? / Layoffs at The Money Source / Fannie and Freddie Trim Subprime Holdings / A Capital Raise for Redwood / New Rez Closes on Shellpoint Deal

July 3, 2018
Brandon Ivey and Paul Muolo
TMS called it a “realignment,” explaining the cuts are part of a plan to “fuel fintech growth.”
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Ten Years After the Housing Crisis, Wells Still No. 1 in Mortgages. However…

July 2, 2018
Paul Muolo
But the most telling sign of how the banking industry has lost its grip on home lending rests in the number of depositories that rank among the top 20…
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A Deal-Hungry Stearns to Acquire an Equity Stake in Certainty Home Loans

July 2, 2018
Brandon Ivey
According to sources familiar with the matter, Stearns is looking at other acquisitions as well...
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I’ve Just Seen the Future of Mortgage Banking and its Name is Amazon

July 2, 2018
Paul Muolo
Two years ago, loanDepot scuttled a much talked about initial public offering of stock...
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Rising Rates Take a Bite out of FHA Lending

July 2, 2018
George Brooks
Fairway Independent Mortgage ranked first among all FHA purchase lenders with $880.8 million in 1Q18...
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