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Home » Topics » IMFnews » Originations

Originations
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Jumbo Market Share Shrinks in 4Q

February 21, 2024
James Dohnert
The jumbo market’s share of first-lien production narrowed in the fourth quarter of last year.
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With the Spring Homebuying Season Almost Here, Applications Suffer

February 21, 2024
Paul Muolo
One warehouse manager noted, "We see few opportunities, but for the most part everyone has plenty of capacity.”
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Short Takes: dv01, Fitch Team for New Non-Agency RMBS Benchmarks / Premier Lending Adopts FICO Score 10 T / LoanCare Launches App / Habitat for Humanity’s CDFI Gets a Name Change

February 21, 2024
James Dohnert
The new partnership's benchmarks focus on the non-QM and prime-jumbo markets.
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Short Takes: Ardley Launches Automatic Underwriting Product / SEC Report Cites Rating Agency Problems / Franklin Templeton Predicts Four Rate Cuts in 2024 / Home Price Appreciation May Have Peaked

February 20, 2024
James Dohnert
A new SEC report says research analysts "inadvertently" sent email with confidential pending rating action information to people outside the rating agency.
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Agency Share of MI Activity Increases in Fourth Quarter

February 16, 2024
John Bancroft
New originations of loans with primary mortgage coverage fell off in the fourth quarter, with private mortgage insurers getting squeezed the most.
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Fed Offers HMDA Compliance Tips

February 16, 2024
Shannon Clark
The Fed provided a list of “sound practices” for HMDA reporting, including recommending oversight by the bank’s board and senior management, standardized processes and training.
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Short Takes: Government Servicing Effort at MISMO / Housing Activity Slows / How Do Escrows Work? / Ratings for RTL Securitization / Publishing Break

February 16, 2024
Brandon Ivey
FHA, VA, Ginnie Mae and USDA are working with MISMO on a new servicing dataset.
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Profits Decline at Fannie in Fourth Quarter

February 15, 2024
Brandon Ivey
For the full year, Fannie's net income hit $17.41 billion, up 34.7% from 2022.
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CHLA Calls on Credit Bureaus to Reduce Prices for Soft Pulls

February 15, 2024
Brandon Ivey
The Community Home Lenders of America called on the major credit bureaus to reverse fee increases for soft credit pulls.
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Bank Income From Mortgage Operations Down in 4Q

February 15, 2024
John Bancroft
Among 27 publicly owned banks, 20 saw income fall in the fourth quarter, and five recorded losses for the period.
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Featured Data

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