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Home » Topics » IMFnews » Originations

Originations
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More Borrowers Possible With CFPB Change on Medical Debt

September 22, 2023
Brandon Ivey
The CFPB plans to propose a rule in 2024 that would lead to the removal of medical bills from credit reports.
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Bank Capital Requirement Proposal Would Squeeze Nonbanks

September 22, 2023
Brandon Ivey
There's an interplay between how the proposal would impact larger banks and the effects on nonbank mortgage companies.
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Short Takes: Boost From ‘Higher for Longer’? / Silver Lining in Slow Originations / Ginnie Officials in Asia

September 22, 2023
Brandon Ivey
Interest rates could stay for higher than longer than previously expected...
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Guaranteed Rate Touts 24/7 Service From LOs

September 21, 2023
Brandon Ivey
Guaranteed Rate is telling mortgage applicants that its loan officers are "always on" thanks to a new LOS app.
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Short Takes: Rate Hikes Paused / Better Days Ahead / Renting Cheaper Than Buying

September 21, 2023
Brandon Ivey
The Fed didn't touch interest rates Wednesday but suggested that another increase in rates is likely this year.
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CFPB Looking for Specificity in Credit Denial Disclosures

September 20, 2023
Brandon Ivey
The CFPB warned that lenders that use artificial intelligence and other "black box" credit models need to provide specific reasons for denying credit to loan applicants.
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FHFA Stressing Flexibility With GSE Credit Score Change

September 20, 2023
Brandon Ivey
"It’s really difficult to predict with certainty and detail what exactly is going to happen in the third quarter of 2026," said Leda Bloomfield, branch chief for policy and equity at the FHFA.
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Short Takes: Applications Increase / BBB Rating for HEA Securitization / Chase Securitizing Old RPLs / Altisource Branches Out Into HECM REOs

September 20, 2023
Brandon Ivey
Applications increased even as interest rates ticked up.
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Brokers Gain Share in Conventional-Conforming Market

September 19, 2023
Namrata Bhatia
United Wholesale Mortgage, the dominant conventional-conforming player in the broker channel, increased its production by 32.9% from the first to the second quarter.
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FHA Should Eliminate Downpayment Requirements, Tozer Says

September 19, 2023
Monica Hogan
Former Ginnie Mae President Ted Tozer wants FHA to consider adjusting or eliminating its minimum downpayment requirement to put homeownership in the reach of more consumers.
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Latest Imf News

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