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Home » Topics » IMFnews » Originations

Originations
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Short Takes: Pending Home Sales Increase / NerdWallet Acquires Mortgage Broker / ICE Takes Losses on Mortgage Tech Offerings / Monthly Payments Allowed Soon for NFIP

October 31, 2024
Brandon Ivey
A decline in interest rates and more housing inventory helped to increase pending home sales in September.
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Single-Family Business Drives Up Freddie’s Income in 3Q

October 30, 2024
Brandon Ivey
The average estimated guarantee fee on Freddie’s new single-family business in the third quarter was 57 basis points, up 3 bps from the second quarter.
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Rithm Still Pondering Spinoff of Mortgage Unit

October 30, 2024
Brandon Ivey
“Candidly, we have to figure out a way to get our equity price to trade where it should trade,” said Michael Nierenberg, chairman, CEO and president of Rithm Capital.
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Short Takes: Split Trends in Applications / Tough to Predict / MBA’s Prediction / Deephaven MBS Shelf Revived / Ares Preps MBS

October 30, 2024
Brandon Ivey
Applications for refis declined while demand for purchase mortgages ticked up last week.
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FHFA Expands Freddie Repurchase Pilot; Makes Moves on Appraisals

October 29, 2024
Dennis Hollier
FHFA Deputy Director Naa Awaa Tagoe announced several policy changes impacting the GSEs.
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HUD Leader Calls for Bold Action on Homeownership

October 29, 2024
Monica Hogan
HUD Secretary Adrianne Todman rallied lenders at the Mortgage Bankers Association's annual convention.
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MBA, Dimon Claim Victory on Bank Capital Requirements

October 29, 2024
Brandon Ivey
“My view is nothing will be done because it’s going to be too hard to get it done,” Jamie Dimon, chair and CEO of JPMorgan Chase, said of the potential for a re-proposal of capital requirements for large banks.
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Short Takes: FHFA’s Thompson Misses MBA Annual / HPA Shifts Ahead of Loan-Limit Announcement / Income Declines at Rithm / FHA Appraisals Added to FHFA Disclosures

October 29, 2024
Brandon Ivey
FHFA Deputy Director Naa Awaa Tagoe filled in for agency Director Sandra Thompson at the MBA's annual convention.
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MBA Sees a 28% Jump in Production Next Year, Gives Thanks to MSR Income

October 28, 2024
Monica Hogan
Although origination profitability has been in the tank, MBA sees it turning around and company hiring could increase.
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Rate: Challenges Ahead for Jumbo Lending

October 28, 2024
James Dohnert
Meanwhile, Rate has issued three jumbo MBS deals in recent months...
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