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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Banks, Thrifts Report Record Low in Mortgage Repurchases

July 8, 2015
John Bancroft
Mortgage repurchase volume fell 9.5 percent from the fourth quarter and it was down 12.3 percent from the first three months of last year.
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Stonegate Expands Direct-to-Consumer Unit in Arizona

July 8, 2015
Sherry Muolo
Stonegate has grown from 400 employees in 2012 to about 1,300 currently.
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FHA Sets Deadline for Filing Claims, Revises Reimbursement Policy

July 7, 2015
George Brooks
Since the housing crisis, the mass filing of claims has placed a huge strain on resources at the FHA.
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Short Takes: Is SF in a Housing Bubble? / If You’re Going San Francisco, Bring Lots of Money for that Hotel Room / Some Think It’s Easy to Get a Mortgage / Rates Fall / BOK Hires Fifth Third Executive to Head Mortgage Unit

July 7, 2015
Paul Muolo, Sherry Muolo, and Carisa Chappell
According to a new consumer survey from Fannie Mae, 63 percent of consumers think that now is a good time to buy a home, tying a survey low...
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Mortgage Hiring Keeps Apace, But: No More Weekends Off

July 6, 2015
Paul Muolo
Savitt noted that some lenders don’t want to staff up too much “only to have to lay off workers later on.”
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Fitch Upgrades Tranches of Jumbo MBS Issued in 2010 and Beyond

July 6, 2015
Brandon Ivey
The jumbo MBS rated by Fitch since 2010 haven’t experienced any losses.
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‘Marriage Equality’ Passes, But Will It Have Any Effect on Mortgage Production?

July 6, 2015
George Brooks
In addition, 25 percent of all LGBT survey respondents said they plan to purchase real estate in the next three years.
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Good News for Lenders: Cash Purchases Lowest Level Since November 2009

July 6, 2015
Paul Muolo
RealtyTrac noted that the peak for cash deals came in February 2011 at 42.2 percent of all transactions.
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Short Takes: HUD IG Now Going After Multifamily Originators / About that Mortgage IPO… / Realtor.com Offers Mortgage Advice, More / Rep. Garrett Slams GSE CEO Pay Raises

July 6, 2015
Paul Muolo, Sherry Muolo, and Carisa Chappell
Is the mortgage IPO market dead? Yes, says consultant Joe Garrett...
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Retail Channel Played a Key Role in 2Q Business Surge at Fannie and Freddie

July 6, 2015
John Bancroft
The rise in retail market share likely reflects the fact that smaller lenders, which are more likely to do retail lending exclusively, account for a growing share of GSE business.
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