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Home » Topics » IMFnews » Originations

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MI Sector Benefits from Strong Purchase Activity in 2Q21

July 22, 2021
John Bancroft
Sales of conventional loans with private MI to Fannie Mae and Freddie Mac recorded a bigger 10.3% increase from the first quarter.
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Announcing its Desire to be #1, Mr. Cooper Hires Stone to Lead Mortgages

July 22, 2021
Paul Muolo
Stone's resume includes stays at Renovate America and Global Mortgage Capital, the latter an affiliate of Eli Global...
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Refis Drive Surge in Jumbo MBS Issuance in Second Quarter

July 21, 2021
Brandon Ivey
Roughly $2.26 billion of jumbo MBS issued in the second quarter included a cash-out component...
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Surge of Jumbo MBS Hits the Market, Led by JPMorgan

July 21, 2021
Brandon Ivey
Four issuers of jumbo MBS started marketing deals this week, including a $1.02 billion security from JPMorgan Chase.
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On the Rise: Complaints Against Credit Reporting Services

July 21, 2021
Lisa Burden
Many of the complaints about the big three credit reporting services involve inaccurate information in their reports...
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VA Refinance Volume Down Sharply in 2Q21, FHA Gains

July 19, 2021
John Bancroft
Both the FHA (11.1%) and the VA insurance programs (20.4%) saw significant increases in purchase-mortgage activity...
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Dow Off 800 Points, Mortgage Stocks Rattled … A Little Bit

July 19, 2021
Paul Muolo
Trouble ahead or a blip on the radar screen? Either way, Treasury rates are drifting lower.
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California Nonbank Rejected by Ginnie Has No Appeal

July 19, 2021
Paul Muolo
Priority Financial still wants a Ginnie eagle and believes it has the financial wherewithal to make grade. “We want to resubmit, but we’ve had no communication from them,” said CEO Mark Shenkman.
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MBA Seeks Help from States to Push for Extending Remote Work

July 19, 2021
Lisa Burden
The problem: regulations differ from state to state, creating liability issues for lenders...
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A Milestone of Sorts: Non-Agency MBS Storms to Post-Crisis Record in 2Q21

July 16, 2021
John Bancroft
Things aren’t back to pre-crisis levels by any means. In 2006, quarterly non-agency MBS issuance averaged over $285 billion every three months. It will take a miracle to reach that level for all of 2021.
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