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Home » Topics » IMFnews » Originations

Originations
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CDFIs Not Abusing their ATR Exemptions

May 31, 2022
Brandon Ivey
Mortgages originated by Community Development Financial Institutions don't need to follow ability-to-repay standards established by the Consumer Financial Protection Bureau.
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Jumbo MBS Issuance Slow as Banks Take in Loans

May 31, 2022
Brandon Ivey
Originators of jumbo mortgages saw better execution in whole loan deliveries in May rather than MBS issuance.
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Home Price Appreciation Remained Strong in March

May 31, 2022
Brandon Ivey
FHFA noted that higher mortgage rates had not yet translated into slower home price gains as of the end of March.
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Short Takes: New Multifamily VPs and Freddie / HPA Flat in San Francisco Area / RON Gets a Hearing

May 31, 2022
Brandon Ivey
Freddie said the promotions in its multifamily division reflect the GSE’s commitment to grow talent and provide stability and affordability to the market.
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Jumbo-Conforming Spread Reaches Near Record Levels

May 27, 2022
Brandon Ivey
Volatility in the secondary market has led to a 49-basis-point interest rate spread between jumbo and comparable conventional loans.
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First Quarter Contraction Hits All Channels

May 27, 2022
John Bancroft
Per loan profitability plummets more than $3,000 year over year.
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Nonbanks Ride MSR Valuations to Higher 1Q22 Earnings

May 25, 2022
Rising mortgage rates and Treasury yields cause MSR valuations to spike.
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Short Takes: Ocwen Buyback Plan Boosts Prices / MBA Promotes DeSanctis to VP of Communications / Census Bureau Numbers Indicate Sharper Market Downturn

May 25, 2022
Dennis Hollier
Ocwen authorizes buybacks to bolster stock prices.
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Fitch’s Outlook for FoA Shifts From Stable to Negative

May 24, 2022
Brandon Ivey
Fitch cited concerns about Finance of America's leverage along with concerns about profitability.
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Credit Quality Suffers as Originations Plunge

May 23, 2022
Andras Malatinszky
As mortgage originations declined in the first quarter of 2022, lenders loosened underwriting standards.
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