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Home » Topics » IMFnews » Originations

Originations
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Housing Market Policy Could Swing With Elections

June 12, 2024
Monica Hogan
Panelists spoke Tuesday at an event hosted by the Bipartisan Policy Center.
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Short Takes: CFPB Change Could Boost Originations / Refi Applications Jump / Figure Launches Marketplace / Inflation Flat in May

June 12, 2024
Brandon Ivey
If the CFPB's proposed ban on medical debt on credit reports is established, the agency estimates that it could lead to approximately 22,000 additional home loans per year.
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Open Mortgage Loses FHA Direct Endorsement Approval in HUD IA Field Office

June 11, 2024
Brandon Ivey
According to an analysis by Inside Mortgage Finance of data from the Home Mortgage Disclosure Act, Open Mortgage originated $480.9 million of mortgages in 2023, with FHA loans accounting for 38.6% of that volume.
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Bankruptcy Rare as Lenders Quietly Close

June 11, 2024
Paul Muolo
Many lenders are ceasing operations without filing for bankruptcy.
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Tech Investments Boost RTL Lender Dunmor

June 11, 2024
James Dohnert
Newfi said it chose Dunmor as a partner because of its technological expertise in the RTL space.
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Short Takes: VA Adjusts on Commissions / Locks for Refis Jump / UWM Fueling Annaly’s ECM MBS / Broker Groups Form Alliance / Great Ajax Shifts Focus

June 11, 2024
Brandon Ivey
VA stressed that borrowers should still negotiate their buyer-broker fee and that homebuyers can still ask sellers to pay the fees at closing.
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ARM Production Weak in 1Q24

June 10, 2024
James Dohnert
Among the top 10 ARM lenders in the January-March corridor, just one was a nonbank: Rocket Mortgage.
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Post Financial Crisis Measures a Bust on Protecting FHA Underwriting

June 10, 2024
Monica Hogan
The researchers reviewed DOJ settlements with 17 banks and bank affiliates between 2008 and 2017.
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Broker Channel’s Market Share Increases in First Quarter

June 7, 2024
Brandon Ivey
Brokers accounted for 19.1% of first-lien originations in the first quarter, up from 17.5% in the previous quarter.
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Jobs Report Adds to ‘Higher for Longer’ Expectations

June 7, 2024
Brandon Ivey
The MBA anticipates that the fed will cut rates in September while some suggest there's a possibility that a rate cut won't occur until 2025.
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