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Home » Topics » Inside Mortgage Finance » Originations

Originations
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Status of Better.com’s IPO? All Systems Go

August 12, 2021
There’s nothing preventing Better.com from becoming a public company by yearend, at least that’s how the lender sees it. But there are doubters.
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Mortgage Layoffs Spell Opportunities for Others

August 12, 2021
Paul Muolo
Layoffs can be good news for lenders looking for an employment bargain. In particular, non-agency shops are looking to hire.
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GSEs’ Multifamily Business 2Q21 Profits Ebb (or Do They?)

August 12, 2021
Dennis Hollier
Increases in credit-related income, due to improving economic conditions, are offset by declining margins and fair value losses.
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More Oversight Needed of Lenders and Flood Insurance

August 12, 2021
Brandon Ivey
Even though FEMA is not directly responsible for oversight of compliance with flood insurance program requirements, the GAO has suggested Congress prompt FEMA to act.
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Not a Pretty Picture for the Mortgage IPO Class of ’20-21

August 5, 2021
Paul Muolo
Retail and institutional investors that bought shares in mortgage IPOs of the past year are feeling glum these days. Most are sitting on losses. Are better days ahead? Hard to say...
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Expanded-Credit Lenders Prepare for More Production

August 5, 2021
Brandon Ivey
Lenders are making moves in anticipation of an uptick in non-QM lending. The wildcard is interest rates.
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Fannie’s Near-Record 2Q, With a Couple of Asterisks

August 5, 2021
Dennis Hollier
The GSEs ride home price appreciation and low interest rates to record earnings in the second quarter.
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Incentive Compensation Drops for LOs, Processors

August 5, 2021
Monica Hogan
Loan officers continue to benefit from strong refis and purchases, but compensation is coming under pressure. Meanwhile, the need for processors is not abating, according to LBA Ware.
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MBA Asks NY Gov. to Veto CRA Bill Aimed at Nonbanks

August 5, 2021
Lisa Burden
One of the biggest regulatory fears of nonbanks? Answer: being subject to CRA laws. New York is turning into a battleground state.
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Mortgage Originations Flat in 2Q21 as Refi Wave Slows

July 29, 2021
John Bancroft
A number of banks reported strong gains in production during the second quarter, while nonbanks continued to dominate the top tier of lenders despite mixed trends. (Includes two data charts.)
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