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Home » Topics » IMFnews » Originations

Originations
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Broeksmit Bashes Bank Capital Requirement Proposal

August 23, 2023
James Dohnert
Mortgage Bankers Association President and CEO Bob Broeksmit said the proposed capital requirements don't address the reasons banks failed earlier this year.
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Waters Seeks Concessions for FTC Approval of ICE/Black Knight Merger

August 23, 2023
Brandon Ivey
Waters called for various community benefits to be included in FTC approval of the merger, along with antitrust provisions and cooperation between the FTC and Financial Stability Oversight Council on oversight of the combined ICE entity.
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Short Takes: Better Ready to Trade / Rates Up, Applications Down / Banks: Delay the CRA Revamp

August 23, 2023
Brandon Ivey
The BETR stock is set to begin trading Thursday...
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CFPB: No Change in Views on LO Comp Practices

August 22, 2023
Sam Manas
In the report published last month, the CFPB highlighted LO comp issues at lenders that brokered products they did not offer in-house.
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Black Lives Matter Protests Linked With Reduction in Lending Disparities

August 22, 2023
Dennis Hollier
Researchers found that the difference between the interest rates charged to Black borrowers and white borrowers narrowed significantly following BLM protests.
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Visio Ramps Up MBS Issuance With DSCR Loans

August 22, 2023
Brandon Ivey
Visio-Beach Point Mortgage Trust is marketing a $191.6 million non-agency MBS.
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Layoffs at Realty/Mortgage Franchiser RE/MAX

August 21, 2023
Paul Muolo
RE/MAX also faces mounting legal bills as various antitrust class action cases are heard this fall and next year...
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Differing Opinions on GSEs' Current Pricing Scheme

August 21, 2023
Dennis Hollier
In their commentary, NAR and UI focused much of their attention on the stiff capital requirements...
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Originations Increase Across Mortgage Products in Second Quarter

August 18, 2023
John Bancroft
Mortgage originations increased by 35.7% on a quarterly basis to an estimated $340 billion in the second quarter.
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Freedom to Pay CFPB $1.75 Million for Illegal Referrals

August 18, 2023
Sam Manas
The CFPB reached settlements with Freedom Mortgage Corporation and Realty Connect, a real estate brokerage. The firms will pay a total of around $2 million for various allegations around illegal referrals.
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