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Home » Topics » IMFnews » Originations

Originations
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Coming Soon: A $6 Trillion Production Year

October 16, 2023
Paul Muolo
To survive the next few quarters, lenders must continue to cut costs...
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Chase, Wells Originations Down Slightly in Third Quarter

October 13, 2023
James Dohnert
Chase and Wells Fargo reported a slight dip in overall mortgage originations in the third quarter of this year.
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Short Takes: CFPB and DOJ on Immigration Status / New HEI Securitization / Home Prices Up in Third Quarter

October 13, 2023
Brandon Ivey and James Dohnert
The CFPB and DOJ issued a statement on denials of credit based on an applicant's immigration status.
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Ginnie Issuance Increases Slightly in Third Quarter

October 12, 2023
Monica Hogan
Both the FHA and VA programs saw increases, but the bulk of the growth in Ginnie issuance in the third quarter came from FHA loans.
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Mortgage Lock-In Easing Among Home Sellers

October 12, 2023
Brandon Ivey
Listing inventory improved in September though home prices fell.
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Short Takes: Ginnie Loosens RPL Standards / Foreclosure Filings Rise / New Correspondent Lender / Fitch Upgrades Assessment of New American Funding

October 12, 2023
Brandon Ivey
Ginnie is offering flexibility for pooling reperforming loans in MBS.
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CFPB Sues Freedom for HMDA Reporting Issues

October 11, 2023
Brandon Ivey
The CFPB alleges that Freedom didn't sufficiently address HMDA reporting issues following a 2019 consent order.
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Short Takes: ARM Applications Jump / CFPB Targets Fees at Big Banks / Cenlar Makes QC Hire

October 11, 2023
Brandon Ivey
Applications for ARMs increased by 15% on a weekly basis.
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High Interest Rates Scaring Away Potential Homebuyers

October 10, 2023
Brandon Ivey
Concerns about interest rates outpaced home prices for the first time since Fannie started surveying consumers in 2010.
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Temple View Plots Growth With Residential Transition Loans

October 10, 2023
James Dohnert
“The only kind of new supply coming out of the market in any scale is ground-up construction or refreshed housing products,” said Steven Trowern, the founder and principal of Temple View Capital.
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