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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Will FHFA End Suspension of Limits on GSE Cash Window?

July 28, 2022
Dennis Hollier
Trade groups amplify concerns as the end of suspension of the PSPA limits approaches.
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Sprout Was Trying to Settle with the IRS

July 28, 2022
Paul Muolo
In its final days, it appears that non-QM originator Sprout Mortgage had an IRS matter it was trying to work out. Current status: Unknown.
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Grapevine: Freddie’s Income Declines; Home Price Appreciation Slows

July 28, 2022
Brandon Ivey
Freddie’s income declined by 35% in second quarter; home price appreciation chugged along; loan applications at low levels; delinquencies increase.
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Megabanks Report 2Q22 Mortgage Results. The Verdict?

July 21, 2022
Paul Muolo
Commercial banks, so far, have turned in underwhelming mortgage results for the second quarter, but that was to be expected. The real show starts in a few weeks when publicly traded nonbanks release earnings.
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Better.com’s IPO/SPAC Faces Steep Odds

July 21, 2022
Paul Muolo and Brandon Ivey
The mortgage IPO market is in tatters these days, given higher interest rates and rapidly shrinking profits and originations. So why does fintech Better.com think it can pull off a deal?
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Amid the Industry Turmoil, an M&A Deal Gets Done

July 14, 2022
Paul Muolo
All quiet on the mortgage M&A front? Select deals are getting done. One recent buyer: Bill Lowman’s American Pacific Mortgage.
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As Production Skids, Underwriter Costs ‘Correct’

July 14, 2022
Paul Muolo
A year ago, most mortgage workers could name their price and be compensated at levels never experienced before. And today? It’s a whole different world, with lenders lopping off hundreds, if not thousands of jobs.
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State Regulators Set Work-From-Home Best Practices

July 14, 2022
Brandon Ivey
The American Association of Residential Mortgage Regulators’ best practices highlight issues state regulators should consider when approving a permanent work-from-home option for LOs employed by nonbanks.
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FHA Lengthens Timeframe for Acceptance of Appraisals

July 14, 2022
Brandon Ivey
FHA has extended appraisal validity periods, in some cases up to a year, to align more closely with standards at the GSEs and VA.
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FHA Expands COVID-Era Loan Eligibility

July 14, 2022
Monica Hogan
The new guidance applies to salaried and hourly wage earners as well as self-employed individuals.
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