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Home » Topics » Inside Mortgage Finance » Originations

Originations
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RPM Mortgage Makes an ‘Investment’ in Ohio Lender American Eagle

December 7, 2016
Paul Muolo
Over the past few weeks, rumors have circulated that the privately held RPM was buying American Eagle...
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Higher GSE Loan Limits Won’t Have Much of an Impact on Jumbos

December 6, 2016
Brandon Ivey
Of the $292.98 billion in non-agency jumbo mortgages originated in 2015, 3.1 percent were in areas where the loan balance would have been eligible for delivery to the GSEs under the loan limits set to take effect in January.
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Warehouse Sector Continues to Hum Along, but Managers Concerned about Rising Rates

December 6, 2016
Paul Muolo
Despite the uptick in rates, warehouse providers appear to be happy (for now) and, like their nonbank clients, most expect the competition to suffer and not them.
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A $1.2 Million Severance Package for Former Ditech President David Schneider

December 6, 2016
Paul Muolo
Schneider has until midnight Dec. 9 to accept the severance offer from Walter Investment Management Corp., the nation’s eighth largest residential servicer.
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Impac Confirms Layoffs at CashCall Unit. Other Firms May Follow Suit

December 6, 2016
Paul Muolo
Given the fact that rates have moved noticeably higher since the election, it’s widely anticipated that more originators will move to trim staff before yearend if they haven’t already.
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Short Takes: Bulk Servicing Auctions? / Rates May Fall / Congrats to Dr. Carson on Landing the HUD Job, Though Not From All / The Listener? / Ocwen Debt Exchange

December 6, 2016
Paul Muolo
The bulk servicing market has been quiet lately. But all that could change soon...
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Trump Nominates Dr. Carson for HUD Secretary; Speculation Begins on FHA Premium Cuts

December 5, 2016
Cowen adds the nomination “also leaves the door open to FHA premium cuts, though the real driver of that will be the pick of an FHA commissioner.”
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SFIG Proposes Standards for ABS from Marketplace Lenders

December 5, 2016
Brandon Ivey
SFIG’s Marketplace Lending Committee includes 250 individuals representing more than 70 companies.
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Now that the HUD Job is Settled, Speculation Begins on Trump’s Pick for FHA Commissioner

December 5, 2016
Paul Muolo
Cowen adds the nomination “also leaves the door open to FHA premium cuts, though the real driver of that will be the pick of an FHA commissioner.”
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AEI Slams NAR’s First-Time Homebuyer Stats

December 5, 2016
George Brooks
The National Association of Realtors defended its first-time homebuyer surveys…
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