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Home » Topics » IMFnews » Originations

Originations
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Cadence Bank Settles With DOJ, OCC Over Redlining

September 1, 2021
Monica Hogan
Cadence Bank CEO Paul Murphy said the company “believes that at all times it acted in compliance with our nation’s fair lending laws.”
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Moody’s Highlights the Strengths/Weaknesses of Nonbank Mortgage Firms

September 1, 2021
Paul Muolo
In a new report, the rating service notes the “extensive” MSRs of nonbanks “often make the quality of their capital much weaker than that of banks.”
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Lone Star’s Non-Agency MBS Chugs Along Without Caliber

August 31, 2021
Brandon Ivey
Lone Star shifted from relying on Caliber to other lenders for loans going into non-agency MBS.
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Non-Agency Jumbo Lending Increases Amid Broader Downturn in 2Q

August 30, 2021
Brandon Ivey
Lenders are seeing increased demand, and many have loosened underwriting standards, helping to boost volume.
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Industry Gears Up for In-Person Conferences. Risks?

August 27, 2021
Monica Hogan
Risk tolerance? Certain companies may adjust the number of people they send to annual conventions as their internal guidelines shift...
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Correspondent Platforms Took the Biggest Hit in 2Q21

August 26, 2021
John Bancroft
The nation's three largest retail lenders during 2Q21: Rocket Mortgage, Wells Fargo Bank and loanDepot...
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loanDepot Secures Borrowing Facility with Bank of America

August 26, 2021
Paul Muolo
The credit line, in the form of a master repurchase agreement, was signed on Aug. 20 and expires Sept. 27.
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Short Takes: Leveraging Cash for Non-QM Lending / AO’s REIT Trading in a Tight Range / Eye on Rates / Robust MSRs / Alterra Gets a New President

August 26, 2021
Paul Muolo and Brandon Ivey
Non-QM lender Angel Oak is looking to crank up originations...
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The Final Tally: Nonbank Earnings Plummet as Margins Shrink in 2Q

August 25, 2021
John Bancroft
Nonbank earnings season is over. The bottom line: profits fell, but that was to be expected. The big question: Where do we go from here?
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Home Point Hit With Multiple Downgrades by Fitch. MSRs May Be Sold

August 25, 2021
Paul Muolo
The nonbank is contemplating selling some of its MSRs...
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