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Home » Topics » IMFnews » Originations

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PrimeLending Takes Another Loss in 2Q, Originations Rise

July 24, 2026
Brandon Ivey
PrimeLending took a pre-tax loss of $2.0 million in the second quarter of 2026, following a $2.4 million loss in the first quarter.
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Short Takes: MBA Trims Forecast for Unemployment / MGIC Increases Dividend / Primis Settles Recruiting Lawsuit

July 24, 2026
Brandon Ivey
The MBA now projects that the unemployment rate will hold at 4.3% through the end of the third quarter of 2026, before rising to 4.4% in the fourth quarter.
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Button Finance Aggressive as It Enters Non-QM Market

July 23, 2026
Abby Zimmardi
"We’re comfortable with risk from many of the sellers out there that are already making those loans and selling them elsewhere," said Jason Harris, co-founder and CEO of Button Finance.
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FHA Pulls Direct Endorsement Approval for 3 Lenders

July 23, 2026
Emmeline Willey
Equity Prime Mortgage, AmeriTrust Mortgage and OCMBC had their DE approval terminated in several regions.
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Short Takes: Condo Prices Declining / Movement Expands Spanish-Speaking Support / Earnings Improve at Another MBS-Focused REIT / Adamas Offers Its Largest Expanded-Credit MBS

July 23, 2026
Brandon Ivey
Average condo prices declined by 0.7% on an annual basis as of mid-July, according to Intercontinental Exchange.
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Originations Up, Margins Down at AmeriHome in 2Q

July 22, 2026
Brandon Ivey
The correspondent aggregator's volume was up 14.1% on a quarterly basis.
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No Gaming With Credit Scores: Equifax CEO

July 22, 2026
Brandon Ivey
Mark Begor, CEO of Equifax, dismissed concerns that mortgage lenders are looking at scores from both FICO and VantageScore to determine which score to use with mortgages delivered to the GSEs.
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Short Takes: Interest Rates Unlikely to Decline / Home Sales, Prices Decline at Pulte / Freedom to Issue Debt

July 22, 2026
Brandon Ivey
“Incoming data showed that inflation dropped in June, but with oil prices spiking again, that improvement seems unlikely to continue in July data, and mortgage rates are likely to remain higher as a result,” said Mike Fratantoni, a senior vice president and chief economist at the Mortgage Bankers Association.
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Lenders Looking to Increase Originations With Efficiency

July 21, 2026
Brandon Ivey
The most frequently cited growth strategy was increasing production from the existing sales team, selected by 75% of respondents surveyed by The Mortgage Collective.
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Short Takes: Home Price Appreciation Picking Up / Equifax Offering Reduced VS Pricing Into 2027 / Homebuilder Reduces Sales Guidance / High-Balance DSCR HELOC

July 21, 2026
Brandon Ivey
Home prices were up 3.0% on an annual basis in June, the highest annual growth rate in the past 10 months, according to Redfin.
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