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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Retail Market Share Hits a Two-Year High

August 25, 2016
John Bancroft
The wholesale-broker market held its ground, maintaining a 10.0 percent share of new originations, Inside Mortgage Finance found.
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TRID Impact on Purchase-Mortgage Process Receives Widely Differing Assessments from Real Estate Agents

August 25, 2016
Brandon Ivey
One real estate agent did not mince words: "TRID is a nuisance and should be done away with immediately if not sooner. Shut the Consumer Financial Protection Bureau.”
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Did Someone Die in the House You’re About to Make a Mortgage On?

August 25, 2016
Sherry Muolo
California, Alaska, and South Dakota are the only states required to disclose death on property information in written disclosures…
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Retail Channel Sees a Slight Uptick in Market Share In Second Quarter, Correspondents Lose Some Ground

August 25, 2016
All three major mortgage-production channels posted significant gains in volume from the first quarter of 2016 to the second, but retail posted the biggest increase. According to a new Inside Mortgage Finance ranking and analysis, an estimated $300 billion in first-lien mortgages were originated through retail platforms during the second quarter, including traditional brick-and-mortar offices and consumer-direct efforts. That was up 36.4 percent from the first three months of the year, and a scant 1.4 percent higher on a year-to-date basis. The retail share edged up to 58.8 percent, the highest it’s been in two years. Wells Fargo remained...[Includes four data tables]
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FHFA Readies Successor Program to HARP. Name to Follow

August 25, 2016
Carisa Chappell
FHFA estimates there are roughly 300,000 homeowners potentially eligible to refinance through HARP.
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Short Takes: Stonegate Mortgage a Buyer of Other Firms? / The Other Stonegate Buys a Florida Bank / The Kings of the Channels / A New Permanent CEO for Clayton / Former FHFA Director DeMarco Sets the Record Straight

August 25, 2016
Paul Muolo
From what we understand, Stonegate Bank is not very active in residential lending, but Insignia is…
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CFPB Considering Registration System for Nonbanks, Mortgage Firms Included

August 24, 2016
Thomas Ressler
A CFPB nonbank registration system might be used to collect financial and operational data and information on a lender’s organizational structure…
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Redwood Shoots Down Report on Suspension of its Jumbo MBS Program

August 24, 2016
Brandon Ivey
In recent years, Redwood has favored whole loan sales to jumbo MBS due to pricing considerations, but the company has continued to issue jumbo MBS.
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A Small Revival for Subprime? Two New MBS Deals Hit the Market. Nomura Had a Role in Both

August 24, 2016
Paul Muolo
In total, there are 573 loans backing the Deephaven MBS…
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Trade Groups with Nonbank Members Ask the CFPB: How About Us?

August 24, 2016
Carisa Chappell
Not only are CHLA and CMLA unhappy with the lack of representation, they want the CFPB to form a “Community Mortgage Banking Advisory Council...”
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