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Home » Topics » Inside Mortgage Finance » Originations

Originations
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A Healthy Mortgage Jobs Picture? Looks That Way

July 22, 2021
Paul Muolo
Mortgage hiring remains strong, even in the face of declining rates. However, the salary boom for rank-and-file staffers is a thing of the past.
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Flood Insurance in Spotlight as FEMA Examines Policies

July 22, 2021
Brandon Ivey
Fannie Mae called upon FEMA to provide improved disclosures while some industry stakeholders suggested expanding the areas subject to mandatory flood insurance.
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Higher Capital Standards: Trouble Ahead or a Good Thing?

July 15, 2021
Paul Muolo
The government wants its MBS servicers to have more cash on hand, just in case. But what about Fannie and Freddie?
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Home Price Boom Leading to More Cash-Out Refis, Jumbos

July 15, 2021
Brandon Ivey
Home prices are increasing at levels last seen in 2005. A growing share of mortgage originations are shifting to the jumbo market and cash-out refis.
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Reading the Megabank Tea Leaves: A Decent 2Q21 for Lending

July 15, 2021
Paul Muolo
It’s earnings season and the early results indicate a decent 2Q for most but not all is rosy. Gain-on-sale margins continued to suffer.
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Lenders Once Again Demand Rescission of PSPA Rules

July 15, 2021
Dennis Hollier
Trade groups are focusing on the PSPAs’ impact on the ability of the GSEs to cross-subsidize their affordable housing efforts.
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Quicken Loans Ponders MSR Sales in a Hot Market

July 8, 2021
Paul Muolo
Nonbank originators that have been hoarding MSRs for the past 16 months are sitting in the catbird seat. Some bids are just shy of top dollar. Time to pull the sales trigger?
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Wells Becomes a Little Less Consumer Centric with Latest Moves

July 8, 2021
Paul Muolo
Have a personal line of credit with Wells Fargo? Cherish it while you can. The bank is yanking the product by summer’s end.
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FHFA Acting Director Pushing Fair Lending Agenda

July 8, 2021
Dennis Hollier
Sandra Thompson’s elevation to acting director from her role as head of housing mission and goals presaged FHFA’s new focus on fair lending practices enforcement.
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CFBank Shifts Focus to Retail Mortgage Lending

July 8, 2021
Brandon Ivey
The Ohio-based bank is winding down its direct-to-consumer mortgage lending business, citing falling margins and diminished refinances.
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