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Home » Topics » IMFnews » Originations

Originations
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Rocket Rebounds in First Quarter; Sees Temporary Elevated GOS

May 3, 2024
Brandon Ivey
Rocket’s income was boosted in the first quarter by a jump in gains from the sale of loans and positive marks for mortgage servicing rights.
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HUD Issues Guidance on Digital Advertising

May 3, 2024
Brandon Ivey
HUD cautioned that lenders could violate the Fair Housing Act by relying on decisions made by an advertising platform that uses artificial intelligence to place ads.
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FHFA, FHA Set New Standards for Reconsideration of Value

May 2, 2024
Brandon Ivey
FHFA and FHA issued new standards for reconsiderations of value.
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Jumbo Correspondent Market Shrinks in 2023

May 2, 2024
James Dohnert
Correspondent buyers of jumbos were divided fairly evenly between banks and nonbanks in 2023.
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Short Takes: GSEs Revise Guides / Purchase-Mortgage Lending Increases at Zillow / Fairway Touts LO Recruits / Annaly Fast With MBS

May 2, 2024
Brandon Ivey
The GSEs established a formal definition for mortgages to first-generation homebuyers.
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Short Takes: Mortgage Demand Declines / NewRez Spin-Off a Work in Progress / New HEI Securitization / More Non-Agency MBS

May 1, 2024
Brandon Ivey
On an annual basis, mortgage applications were down 9.2%.
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Fannie Increases Profits Despite Decline in Acquisitions

April 30, 2024
Dennis Hollier
Acquisitions may be the lowest they've been since the 3Q20, but accounting rules keep earnings on an even keel.
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Annaly Leads Expanded-Credit MBS Issuers in First Quarter

April 30, 2024
James Dohnert
Onslow Bay issued $2.52 billion of expanded-credit MBS in the first quarter, more than triple its issuance in the prior quarter.
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Originations, MSR Marks Up at Rithm in First Quarter

April 30, 2024
Paul Muolo
At the end of March, the REIT valued its MSRs at 165 bps, the highest “mark” since the first quarter of last year...
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Short Takes: Home Prices Rebound in February / Private-Equity Infusion for Blend / Profit at Two Harbors / Homeownership Unattainable

April 30, 2024
Brandon Ivey
Home prices jumped in February after a slight decline the previous month.
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