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Home » Topics » IMFnews » Originations

Originations
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Dimon: Regulators Unaware of Impact of Capital Proposal

December 6, 2023
Brandon Ivey
Jamie Dimon, chairman and CEO of JPMorgan Chase, raised concerns about a capital requirement proposal at a hearing in Congress Wednesday.
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McHenry Declines to Run for Reelection in House

December 6, 2023
Paul Muolo
Rep. Patrick McHenry, R-NC, is currently the chairman of the House Financial Services Committee.
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Non-QMs Gaining Traction With Borrowers, LOs

December 6, 2023
James Dohnert
“There’s just incredible pent-up demand right now,” said Aaron Samples, chief revenue officer of Logan Finance.
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Short Takes: Application Trends / Lumber Costs and Buydowns / Discounted Rates at KeyBank / PennyMac’s Debt Issuance / REIT Merger Finalized

December 6, 2023
Brandon Ivey and Paul Muolo
Refi applications are up on an annual basis while purchase-mortgage demand lags.
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Expanded-Credit Sector Loses Market Share in Third Quarter

December 5, 2023
James Dohnert
The ECM sector’s share of total originations declined to 2.3% in the third quarter.
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FHA to Improve Monitoring of Lenders, Servicers

December 5, 2023
Monica Hogan
An inspector general identified counterparty risk related to protecting FHA’s Mutual Mortgage Insurance Fund as one of HUD’s top management challenges for 2024.
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Little Use of Title Insurance Alternative

December 5, 2023
Brandon Ivey
In 2022, Fannie Mae reported that it purchased just 45 of loans with attorney opinion letters.
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Short Takes: Steady Margins / Older Millennials Struggle / Standardization for HFA Forms / Large Donation From MacKenzie Scott

December 5, 2023
Brandon Ivey
PennyMac's margins in the fourth quarter are at levels similar to those seen in the third quarter.
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What's Up Doc? How About a Mortgage?

December 4, 2023
James Dohnert
Guild’s medical professional loan program offers up to 100% financing and no MI with credit scores of at least 680...
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Trends in Purchase-Mortgage Sector Vary in 3Q

December 1, 2023
John Bancroft
United Wholesale Mortgage ranked as the top producer of purchase mortgages in the first nine months of 2023 with $73.17 billion.
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