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Home » Topics » IMFnews » Originations

Originations
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As Volumes Drop, Some Mortgage CEOs Take Home Less Pay

May 10, 2022
Paul Muolo
During the first quarter, Fairway transferred roughly $5.8 billion of mortgage servicing rights to new owners...
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Former Freddie CEO Suggests Some Price Gouging was Occurring During the Pandemic

May 10, 2022
Dennis Hollier
In a recent blog posting, the former Freddie chief used MBA profitability data to make his argument...
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As Deliveries Decline, GSE Seller/Servicers Loosen the Credit Box

May 9, 2022
Dennis Hollier
All of the top 10 GSE sellers saw their deliveries decline both sequentially and year to date.
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Mining for Mortgages in the Metaverse: Foolishness or Something Else?

May 9, 2022
Sam Manas
Rocket Mortgage, the nation’s top originator, has information about digital real estate on its website but...
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The Tea Leaves: April MBS Issuance Continues the Downward Trend

May 6, 2022
John Bancroft
April MBS issuance volume, which reflects originations, was the lowest monthly output since March 2020, just before the Fed launched a historic surge in refi activity.
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The Mortgage M&A Wheel Begins to Turn

May 6, 2022
Paul Muolo and Brandon Ivey
What are conventional and government production networks worth these days? Probably not much...
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Mortgage Jobs Dip in New Government Tally

May 6, 2022
Paul Muolo
While most industries are dying for workers, mortgage lenders have the opposite problem...
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PennyMac Bolsters 1Q22 Income With MSR Markups

May 6, 2022
Brandon Ivey
Unlike some shops, Penny actively hedges its MSRs, which can actually reduce the size of the markup when rates rise rapidly.
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A Pay Package of Almost $31 Million for loanDepot Chief Hsieh

May 5, 2022
Paul Muolo
The compensation package could raise eyebrows given that loanDepot’s share price fell to $2.83 Thursday morning.
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Two Lenders (REITs Both) Find Safe Harbor in the Earnings Storm

May 5, 2022
Brandon Ivey
NRZ's Michael Nierenberg didn't whitewash it: “We are in a horrible market for mortgage originations.”
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