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Home » Topics » IMFnews » Originations

Originations
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GSE Move to Bi-Merge Credit Score Process Faces Pushback

October 31, 2023
Dennis Hollier
Republicans in the Senate have concerns and a report from TransUnion highlighted negative impacts from the move.
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Short Takes: Home Prices Increase / Large Loss for AGNC / Profits Increase at Two Harbors / New President at Cenlar

October 31, 2023
Brandon Ivey
Prices were up 5.6% on an annual basis in August, according to FHFA.
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Underwriting on Fannie/Freddie Loans Tightens in 3Q23

October 30, 2023
Brandon Ivey
Underwriting trends largely held steady for refis in the third quarter...
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Homestar Undecided on Fate of ‘Other’ Assets

October 30, 2023
Paul Muolo
In 2022, Homestar originated $2.5 billion in residential loans...
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Originations Down in 3Q, Trends at Top Lenders Vary

October 27, 2023
John Bancroft
Mortgage originations declined by an estimated 3.8% in the third quarter on a sequential basis.
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PennyMac Turns Profits on Originations, Servicing in 3Q

October 27, 2023
Brandon Ivey
Net income at PennyMac Financial Services increased in the third quarter thanks to the nonbank's servicing portfolio.
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Moves by Banks Heavily Influencing Securitization Market

October 27, 2023
Brandon Ivey
Sales of agency MBS holdings by banks are driving prices down, a reduction in portfolio lending by banks is helping to spur ABS issuance and the CMBS market is waiting for banks to take write-downs on commercial loans.
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FHA Working to Help on Housing Affordability

October 27, 2023
Monica Hogan
Priorities at FHA include facilitating loan assumptions and originations of small-balance mortgages.
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Short Takes: Rate Forecast Revised / Key Bank Offering Manufactured Home Financing / New Jumbo MBS / House Panel Looking at Insurance Costs

October 27, 2023
Brandon Ivey
"Higher for longer" is beginning to sink in.
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Buyback Relief From FHFA Might Not Amount to Much

October 26, 2023
Dennis Hollier
Fannie Mae was still providing COVID relief to $61.98 billion in loans at the end of the third quarter.
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