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Home » Topics » IMFnews » Originations

Originations
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GSE Conforming Jumbo Business Up in First Quarter

April 16, 2024
James Dohnert
The volume of conforming jumbos included in Fannie Mae and Freddie Mac MBS increased by 8.0% to $6.05 billion in the first quarter.
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Home Lending Drops at BofA, but Not Dramatically

April 16, 2024
Paul Muolo
Although BofA experienced a sequential drop in home lending, it was better than the -22.2% downdraft reported by Wells Fargo.
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Chase Goes Large With Latest Jumbo MBS Offerings

April 16, 2024
Brandon Ivey
The offering from Chase's conduit is the largest jumbo MBS from the conduit since 2022. And Chase is doubling up, with a separate deal stocked with mortgages originated by the bank.
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Mixed Views Among Lenders on FHFA’s Title Pilot

April 16, 2024
Dennis Hollier
The MBA has concerns while the Community Home Lenders of America supports the effort.
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Short Takes: GSEs Hold Steady on Home Sale Commissions / Exams by States Increase / MFA Note Offering / Mr. Cooper Rated for Second-Lien Servicing

April 16, 2024
Brandon Ivey
The GSEs noted that if these fees to real estate agents continue to be customarily paid by the property seller according to local convention, they won't be subject to financing concessions limits.
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Non-QM Lenders Get Some Breathing Room

April 15, 2024
Paul Muolo
Non-QM lenders appear to be faring a little better than their conventional and government brethren...
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Wells Fargo, Chase Originations Down to Start 2024

April 12, 2024
James Dohnert
Wells Fargo and Chase reported declines in mortgage originations during the first quarter of 2024.
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Mixed Results From Lender/Real Estate Agency Mergers

April 12, 2024
James Dohnert
Borrowers who received a loan from a merged company paid 9 basis points more, on average, than those who went with separate real estate agencies and lenders, according to a new study.
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Short Takes: Inflation Reaction / No Give in Home Prices, Yet / LoanCare Rated on Servicing Second Liens / BofA Servicer Ratings Upgraded

April 12, 2024
Brandon Ivey
There's a disconnect between inflation readings and reactions to the figures, according to Sam Khater, chief economist at Freddie Mac.
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GSE Deliveries Decline in First Quarter

April 11, 2024
Dennis Hollier
Larger lenders remain the most affected by the decline in sales.
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