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Home » Topics » IMFnews » Originations

Originations
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Flagstar Quickly Offers Another IPL Non-Agency MBS

September 20, 2021
Brandon Ivey
Mere days after offering a non-agency MBS with GSE-eligible mortgage for investment properties, Flagstar Bank started marketing a second, similar deal.
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HFSC Chair Waters Urges Biden to Pick Thompson for the FHFA Job

September 17, 2021
Dennis Hollier
But the influential HFSC chair — who has no Congressional vote on such a nomination — also noted the acting director’s experience as a prudential regulator...
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A Notable 2Q Spike in Non-Agency Jumbo Production

September 16, 2021
John Bancroft
Jumbo lending is catching on with nonbanks, which are providing most of the collateral for non-agency prime jumbo securitizations.
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Genworth Spins Off Enact PMI Unit in $253 Million IPO

September 16, 2021
Monica Hogan
The lead book-running managers on the IPO were Goldman Sachs and JPMorgan Securities...
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The Biden Era FHFA Flexes Its Muscles: Certain GSE PSPAs Suspended

September 15, 2021
Dennis Hollier
The PSPAs, as most GSE watchers know, define the nature of the government backstop for Fannie Mae and Freddie Mac.
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Adjustable-Rate Mortgage Lending Ticks Up in Second Quarter

September 15, 2021
Brandon Ivey
ARMs. Remember those? Lenders are still making them...
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Biden Nominates Former Fannie, JPM Executive McCargo to Helm Ginnie Mae

September 14, 2021
Monica Hogan
Former Ginnie president Ted Tozer said now that Biden has made his pick, he hopes the process moves forward in a timely manner.
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Impac Executive Donatacci Departs for The Money Source

September 14, 2021
Paul Muolo
Donatacci joined the non-QM and conventional lender roughly two years ago.
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A Strong Showing for Warehousers in 2Q21 But Usage Rates Slip

September 13, 2021
Paul Muolo
According to interviews with warehouse executives and consultants, business remains healthy for the most part but borrowing clients are beginning to reduce their line sizes as retail applications creep downward...
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Expanded-Credit Lending Near Pre-COVID Levels in Second Quarter

September 13, 2021
Brandon Ivey
The most prominent participants in the EC market are nonbanks. However, the top two lenders in the second quarter were depository institutions.
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