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Home » Topics » IMFnews » Originations

Originations
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Short Takes: Plenty of Jobs, Just Not Mortgage Jobs / Other Opportunities / The Guild GOS Story / MSRs for Sale / More Expansion for Falcon

August 5, 2022
Paul Muolo
The rate reprieve isn’t enough to eliminate the staff reductions that are now going on at most shops.
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Ocwen’s Income Declines in Second Quarter

August 4, 2022
Brandon Ivey
Income from MSR markups declined and origination units took losses in the second quarter.
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Mortgage Earnings Decline by 39% at Publicly Traded Banks

August 3, 2022
Brandon Ivey
Declining originations and margin cut into mortgage-related earnings at 24 key lenders.
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PennyMac’s Income Dips in 2Q, Servicing Still Key

August 3, 2022
Brandon Ivey
The bulk of PennyMac's income in the second quarter of 2022 was tied to servicing.
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Rithm’s Break From Fortress Prompts Loss in Second Quarter

August 2, 2022
Brandon Ivey
The REIT paid a $325 million fee to an affiliate of Fortress Investment Group to shift to internal management.
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Short Takes: Rocket Launches HEL; Flagstar Merger Update; Financing Energy Efficiency

August 1, 2022
Brandon Ivey
Rocket's new home-equity loan; NYCB waiting for regulatory approval on Flagstar merger; homeowners looking for financing for energy efficiency improvements.
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Servicing Props Up Mr. Cooper’s Earnings in Second Quarter

July 27, 2022
Brandon Ivey
Net income at Mr. Cooper Group declined by 77.1% on a sequential basis to $151 billion in the second quarter.
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Western Alliance Bank’s Lending Holds Up in Second Quarter

July 25, 2022
Brandon Ivey
Originations at the bank were essentially flat in the second quarter while margins dropped.
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Radian Launches Non-Agency Conduit

July 25, 2022
Paul Muolo
Radian joins Arch MI as mortgage insurance companies that now have non-agency conduit operations.
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Short Takes: Delinquencies Rise; FTHBs Look to ARMs; Loss for Agency MBS REIT

July 25, 2022
Brandon Ivey
After three months of declines, mortgages delinquencies increased in June.
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