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Home » Topics » Inside Mortgage Finance » Originations

Originations
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What Does the Future Hold for PHH?

January 12, 2017
Paul Muolo
Bose George, who follows PHH for Keefe, Bruyette & Woods, also used the phrase “liquidation” to describe the company’s sale of assets.
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The Final Tally: Non-Agency MBS Production Tumbled Sharply in 2016

January 12, 2017
John Bancroft
Oddly enough, the nonprime space showed some signs of life last year and hopes are high for 2017 as well…
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A Different Type of Mortgage Fraud: ‘Reverse-Occupancy’ Scams Involving FTHBs

January 12, 2017
Brandon Ivey
Borrowers completing reverse-occupancy fraud aim to qualify for a mortgage with help from the theoretical rental income from the so-called investment property…
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Short Takes: To Fire Cordray, or Not to Fire Cordray, That is the Question / Just Run for Governor / Dr. Carson’s Advisors Include… / Quicken’s Gilbert: DOJ is ‘Out of Control’

January 11, 2017
Paul Muolo and Thomas Ressler
Cordray, of course, could just nip this in the bud right now, resign and start his run for governor of Ohio…
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Zeus Offers Crowdfunding for Hard-Money RE Loans. Four-Day Funding?

January 11, 2017
Brandon Ivey
In addition to crowdfunded hard-money loans, Zeus offers traditional forward and reverse mortgages.
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On the Horizon: More Non-Agency/Non-Prime MBS Deals

January 11, 2017
Paul Muolo
In 2016, Caliber issued three non-agency MBS deals that included prime-quality and jumbo loans, often made to borrowers described in ratings’ reports as consumers with “unblemished” credit.
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Mortgage Hiring Accelerates in November. Can it Last?

January 10, 2017
Paul Muolo
Some industry executives have been predicting a correction in mortgage hiring in the coming months, with large layoffs anticipated at shops that have focused too strongly on refinancings.
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Non-QM Originator LendSure Lays Out its Plan for Growth

January 10, 2017
Brandon Ivey
LendSure is licensed in 12 states, with approvals pending in seven more…
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Short Takes: Gain-on-Sale Let-down? / About Those MSR ‘Marks’... / Ocwen Attorney Joins Philly Law Firm / Go with the ‘Waterfall’ / Vegas-Based Lender Hires Sales Chief

January 10, 2017
Brandon Ivey and Paul Muolo
As gain-on-sale margins decline, MSR marks will rise...
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The Love Affair Continues: First-Lien Holdings at Banks and Thrifts Up Again in 3Q16

January 10, 2017
Brandon Ivey
Third-ranked Bank of America had the slowest growth among the three banks, with a $189.1 billion portfolio as of the end of the third quarter…
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