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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Short Takes: Nonprime Lender Deephaven Gains a Top Executive / A Harbinger of LLPA Changes? / An Easing of Credit Standards? / Where Are Impac’s Earnings? VRM Hires Former Fannie Official

March 18, 2015
Carisa Chappell and Paul Muolo
Subprime lender Deephaven Mortgage has a new executive...
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GSE Market Share Hits Post-Conservatorship Low in 4Q

March 17, 2015
John Bancroft
For all of last year, Fannie and Freddie securitization of newly-originated loans accounted for just 65.7 percent of MBS issuance, primarily because declining refi volume...
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The ‘Mystery’ Captive That Joined the Indianapolis FHLB is Five Oaks

March 17, 2015
Brandon Ivey
A ban on captive insurers joining the FHLB system appears to be over.
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FHA Insurance More Costly Than Private MI: WalletHub

March 17, 2015
George Brooks
The report from WalletHub compares the cost of FHA and private MI from 2008 through 2014 – before the recent 50 basis points cut in FHA premiums...
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Short Takes: Consumer Reports Advises Against Using Loan Brokers / NAMB: Come to Work With Us / Five Oaks Flying Solo on Jumbo MBS / Auction.com: Washington is Flipping Heaven / Ginnie MSRs for Sale

March 17, 2015
Brandon Ivey and Paul Muolo
“We don’t recommend that you hire a mortgage broker” for rate shopping purposes, says Consumer Reports magazine...
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The Unhappy Return of GSE Buybacks: A 31 Percent Increase

March 16, 2015
John Bancroft
Despite the sequential jump in buybacks, the fourth quarter total was the second-lowest repurchase amount disclosed by the two...
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Commercial Banks and Whole Loans, What’s the Deal?

March 16, 2015
Brandon Ivey
Bank demand for MBS has increased due to new accounting requirements and a decline in total residential loan production in recent years.
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Poised for a Revival: Wholesale-Broker Lending?

March 16, 2015
Brandon Ivey
United Wholesale's Mat Ishbia said 20 percent of purchase mortgages are originated by brokers.
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Short Takes: So, Who’s The Lucky Captive (REIT) Approved for FHLB Membership? / 23 Responses on the CSP / Fannie Headed Downtown / Comergence Gets New Assignment

March 16, 2015
Carisa Chappell and Paul Muolo
The captive insurer is owned by a REIT, a spokeswoman for the district bank said, but declined to name either.
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ABS Holdings by Depositories Fall to Lowest Level Since Mid-2012

March 13, 2015
John Bancroft
The biggest component in the aggregate portfolio was consumer ABS, which includes student loans, securitized leases and consumer debt other than credit cards, home-equity loans and auto finance...
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