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Home » Topics » IMFnews » Originations

Originations
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Mr. Cooper Forecasts a Break-Even 2Q, Excluding MSR Marks…

June 2, 2022
Paul Muolo
The nonbank revealed it anticipates “roughly break-even net income” for the second quarter, excluding potential mark-to-market gains on its massive MSR holdings...
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Movement Mortgage Fined After NCRC Alleges Fair Lending Violation

June 2, 2022
Monica Hogan
Despite settling, Movement denies it gave less favorable treatment based on race or national origin...
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Short Takes: Better Late Than Never (Signature) / On the Menu / Time to Worry About the MMIF? Probably Not / Cutting Dead LO Wood

June 2, 2022
Paul Muolo and Monica Hogan
Time to review your LO roster and make some of them free agents?
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Fitch: Mortgage Origination Estimates Have Been Too Optimistic

June 1, 2022
Brandon Ivey
Fitch said current run-rates suggest that production volume this year could fall closer to $2.0 trillion...
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Slip Sliding Away: Mortgage Application Volume

June 1, 2022
Paul Muolo
The refi share in the latest measurement came to 32.3%...
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Large Nonbanks Dip Their Toes Into the HELOC Pool. More to Come?

June 1, 2022
Brandon Ivey
Among nonbanks offering HELOCs, NewRez is hardly alone...
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Citi Picks Mortgage Expert for Latest MDI Rotation Program

June 1, 2022
Monica Hogan
Citi continues to pay the employee's salary while they work for the MDI...
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FHA/VA Endorsements Down Nearly 20% in First Quarter

May 31, 2022
Andras Malatinszky
The decline in both lending programs was focused on refinances.
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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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