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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Applications Drop by Double Digits; Suddenly, Some Nervousness on Rates

February 18, 2015
Paul Muolo
Warehouse lending executives interviewed by IMFnews the past week are reporting healthy usage rates from their nonbank clients...
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Short Takes: Would You Buy Ocwen Now? / MIAC Offering MSRs / Sindeo Secures Investment / Fannie Rolling Out New Version of DU / Clayton Hires Former Subprime Executive

February 18, 2015
Brandon Ivey and Paul Muolo
Ocwen’s massive servicing portfolio (roughly $377 billion in UPB) is worth more than the entire market capitalization rate of the company...
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Freedom Mortgage Close to Meeting Hiring Goal; May Hire Even More

February 17, 2015
Paul Muolo
Among originators, Freedom Mortgage ranks 10th. In 2014 it funded $23.63 billion, a 48 percent gain from the year prior.
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A $1.3 Trillion Year for Originations?

February 17, 2015
Paul Muolo
Compass Point hiked its purchase money estimate to $819 billion from $787 billion.
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Short Takes: Mortgage Lawyers Raking in the (Compliance) Dough / What’s With all the 13-Gs? / Ocwen’s Stock on a Tear. What? / Obama Gives a Shout-Out to Nationstar / A New Hire for Auction.com

February 17, 2015
Brandon Ivey and Paul Muolo
Ocwen’s share price has almost doubled! How’s that? Well...
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Correspondent Share of Agency MBS Reached 35 Percent in 2014

February 16, 2015
John Bancroft
Broker-originated purchase mortgages pushed the envelope a little further, with an average credit score of 719.1 and an average DTI of 37.7.
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Highest Cash-Out Refi Share Since ’09 but Dollar Volume Drops

February 16, 2015
John Bancroft
From 2005 to 2007 homeowners converted an estimated $823 billion of home equity into swimming pools, cars, hospital bills and other uses. Of course, those days are long gone.
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Want to Help the Securitization Market? Fix Regulatory ‘Uncertainty’

February 13, 2015
Brandon Ivey
The due diligence findings must be published within five days after a deal prices.
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M&T Faces Lending Discrimination Charges in New York

February 13, 2015
George Brooks
The Fair Housing Justice Center accused M&T Bank of violating the Fair Housing Act by offering higher loan amounts to white borrowers and allowing more flexible criteria...
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CFPB Cracks Down on Deceptive Mortgage Advertising

February 13, 2015
Thomas Ressler
The regulator sued All Financial Services, a Maryland-based mortgage broker that plies its trade in the reverse mortgage market.
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