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Home » Topics » IMFnews » Originations

Originations
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Trouble Ahead? CFBank Shutters Direct-to-Consumer Channel

July 9, 2021
Brandon Ivey
CFBank said the decision to wind down its DTC business resulted from changing market conditions in 2021...
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Finally: GSEs and Non-Agency MBS Now on Level Playing Field with QMs

July 9, 2021
Brandon Ivey
The hope is that the non-agency market will now be on closer to equal footing with the GSEs in terms of compliance burdens relating to the CFPB...
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ORIX Top Multifamily MBS Servicer in Ginnie Market

July 8, 2021
John Bancroft

ORIX, now operating as Lument, serviced $21.22 billion of GNMA multifamily MBS at the end of May, or 15.5% of the market...


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Stocks Tank, Rates Fall. Mortgage Meaning?

July 8, 2021
Paul Muolo
Falling rates? Didn't see that coming...
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Lenders Seek More Leeway on Short-Term Rentals

July 7, 2021
Dennis Hollier
Vague and undefined language in the eligibility requirements of the GSEs make it difficult for lenders to determine the mortgage eligibility of projects that include units rented on a short-term basis.
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Blend’s IPO Could Raise Upwards of $414 Million

July 6, 2021
Brandon Ivey
The IPO values Blend at more than $4.0 billion.
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Home Sellers Don’t Look Fondly on Borrowers with FHA/VA Loans

July 6, 2021
Maria Volkova
Only 13% of home sellers would "definitely" be likely to accept an offer from buyers using an FHA or VA loan, according to a survey by the National Association of Realtors.
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Short Takes: Home Price Appreciation at 2005 Levels / Forbearance Rate Flat / Many Borrowers Extending / Saluda Grade Capital Raise

July 6, 2021
Brandon Ivey
Annual home price appreciation in May hit a level last seen in 2005...
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CFPB Takes a Look at Asian American and Pacific Islanders in the Mortgage Market

July 2, 2021
Lisa Burden

Last Lender Out Should Turn Off the Lights

July 2, 2021
John Bancroft
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