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Home » Topics » IMFnews » Originations

Originations
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Correspondent Channel Gains Share in Agency Market

February 13, 2024
Andras Malatinszky
The correspondent channel accounted for 37.0% of agency deliveries in the fourth quarter, up from a 34.6% share the previous quarter.
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Federal Regulators Reiterate Standards on Appraisal Bias

February 13, 2024
Brandon Ivey
Federal regulators noted issues examiners look for regarding valuation discrimination and bias.
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Consumer Advocates Caution Banks on CRA Lawsuit

February 13, 2024
Shannon Clark
“If I were a dues-paying member of these trade groups, I might ask for my money back,” said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, commenting on bank trade groups challenging revisions to CRA standards.
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Time to Staff Up? According to Some, Yes…

February 12, 2024
James Dohnert
With the spring homebuying season just around the corner, lenders may want to staff up...
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Agency Sector Gains Share in Fourth Quarter

February 9, 2024
John Bancroft
Agency-eligible production accounted for 87.1% of first-lien originations in the fourth quarter, up from 81.1% a year ago.
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Supreme Court Rules Against USDA in FCRA Decision

February 9, 2024
Monica Hogan
Public Citizen Litigation Group applauded the decision that confirms federal agencies can't escape accountability when they fail to comply with their responsibilities to consumers under the Fair Credit Reporting Act.
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Income Drops at Mr. Cooper in Fourth Quarter

February 9, 2024
Brandon Ivey
The nonbank is set to have a $1.1 trillion portfolio as of the end of March.
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Annaly Brings Non-Agency MBS With Bank-Originated ARMs

February 9, 2024
James Dohnert
ARMs accounted for less than 1% of prime non-agency MBS issuance in 2023.
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Short Takes: Waters Pushes Affordable Housing / Fannie Selling NPLs / Home-Improvement Loan Securitization / CFPB Settles Foreclosure Relief Scam

February 9, 2024
Brandon Ivey
Rep. Maxine Waters, D-CA, reintroduced a package of bills aimed at affordable housing.
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Banco Popular Stocking FHA Production in Portfolio

February 8, 2024
Monica Hogan
The vast majority of FHA originations end up in Ginnie Mae mortgage-backed securities.
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