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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Two Harbors Earns $72.1 Million in 4Q, Will Focus More on MSRs…

February 4, 2016
Brandon Ivey
Two Harbors issued $2.00 billion of jumbo MBS 2015, adding that pricing improved for its deals throughout the year.
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A Half-Dozen ‘Serious’ Buyers of Mortgage Companies?

February 4, 2016
Paul Muolo
As one M&A advisor noted: "Value is in the eye of the beholder."
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Final Tally: 2015 the Second Worst for MBS Trading Volume

February 3, 2016
Paul Muolo
No wonder Wall Street firms are trimming their fixed-income desks. MBS daily trading continues to struggle…
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Impac Gets More Aggressive on Non-QM Lending, Hires Channel Development Director

February 3, 2016
Brandon Ivey
Impac is working to increase originations of non-QMs as part of an effort to mitigate against reduced refinance volumes.
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Nation’s Largest Lender Wells Fargo Settles with FHA for a Record $1.2 Billion

February 3, 2016
Paul Muolo
One observer called the $1.2 billion “chump change” for Wells.
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KBRA Director: ‘Top Four’ Banks Will Exit Residential Lending or ‘Down Size’

February 3, 2016
Brandon Ivey
Will the last megabank left in the mortgage industry please turn out the lights...
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Short Takes: The Bloom is Off the Rose on the CFPB’s ‘Clarifying Letter’ / Enter Alston & Bird / TRID Errors and 1Q Earnings / Hope for a Non-Agency Revival? / A New Detail on the RCS Deal

February 3, 2016
Paul Muolo and Brandon Ivey
We also are hearing reports that TRID errors and closing delays definitely will be affecting first quarter 2016 earnings, at least for certain nonbanks…
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TRID Suddenly Driving Mortgage M&A Activity?

February 2, 2016
Paul Muolo
Mortgage firms that are thinking about selling are 15 to 25 years old, said one M&A advisor...
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Quicken’s Parent Launches Personal Loan Unit, Touting Tech Similar to Rocket Mortgage

February 2, 2016
Brandon Ivey
Another large nonbank enters the space for unsecured consumers loans. A trend in the making?
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Fannie Mae and Freddie Mac Implement ‘Independent Dispute Resolution’ Program

February 2, 2016
Paul Muolo
For lenders, the best scenario is that an arbitrator might rule in their favor, with a GSE reimbursing them for what Fannie and Freddie call “certain costs and expenses.”
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