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Home » Topics » IMFnews » Originations

Originations
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Lower Profits for Angel Oak's REIT. Reason: Higher Rates

March 16, 2022
Brandon Ivey
For the full year, the REIT's profit totaled $21.1 million. Its assets increased to $2.57 billion at Dec. 31, compared to just $509.6 million at yearend 2020.
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CSBS Hopes to Avoid Another LO License Renewal Mess

March 16, 2022
Sam Manas
The high latency rate was due to the sheer volume of LO license renewals...
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Moody’s Gives a Bearish Outlook on Mortgages, Nonbanks Beware

March 15, 2022
Paul Muolo
How to survive the coming storm? Have above-average capital...
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Secondary Market Demand In Flux for Non-QMs

March 15, 2022
Brandon Ivey and Paul Muolo
What caused the recent glut in non-QM paper? Supply and demand...
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Academic Study Finds TRID Prompted Lower Approval Rates

March 15, 2022
Sam Manas
The researchers analyzed nearly 8 million residential loan applications, both approved and denied...
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Increase in Mortgage Limits Impacts GSE Seller Volume

March 14, 2022
Dennis Hollier
The top five loan sellers to the GSEs in February: Rocket, UWM, Chase, Wells Fargo and loanDepot...
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As Refinances Ebb, Originators Turn to New and Little-Used Products

March 14, 2022
Brandon Ivey
Mountain America recently launched a one-time-close loan, which can be used for home construction or renovations.
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PE Firm Hungry to Consolidate Fix-and-Flip Lenders

March 11, 2022
Paul Muolo
Mark Filler: “We’d like to buy at least a half-dozen mid-sized lenders and consolidate them.”
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A Strong 4Q for Non-Agency Lender Velocity Financial

March 11, 2022
Brandon Ivey
Velocity sources its production through mortgage brokers.
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Impac Posts 4Q21 Profit but CEO Strikes Cautious Tone

March 11, 2022
Paul Muolo
Impac's CEO said the first quarter of 2022 introduced "increased volatility and heightened market awareness of non-transitory inflation, and credit and liquidity risk brought on by geopolitical events."
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