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Home » Topics » IMFnews » Originations

Originations
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Home Mortgages Playing a Larger Role at SoFi

June 15, 2021
Brandon Ivey
In 1Q21, the San Francisco-based SoFi originated $735.6 million of mortgages, accounting for 28.9% of total loans produced.
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Top-50 Ranked NB Moves to Purchase Roscoe of Texas

June 15, 2021
Paul Muolo
No information was available on Roscoe’s residential business. Its home lending portfolio totals just $24 million.
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As a Profit Center, Servicing Turns a Corner as Production Profits Recede

June 15, 2021
John Bancroft
Much of the improvement came from three large nonbank servicers: Rocket Companies, Mr. Cooper Group and New Residential Investment...
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A Sign of the Times: Warehouse Commitments Begin to Ebb

June 14, 2021
Paul Muolo
But as always in the mortgage business, it’s not a matter of where you’ve been but where you’re going...
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GSE Business Tumbles in May as Refi Well Runs Dry

June 14, 2021
John Bancroft
Rate-term transactions, the bread-and-butter of the refi market, declined 33.6% in May. GSE purchases of cash-out refinances fell 18.1% from April.
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Anxious About Adhering to the Investor-Loan Cap, Freddie Trims Deliveries Even More

June 14, 2021
Paul Muolo
The lender bulletin was released last week and got little notice. It’s effective for mortgages with settlement dates on or after July 1, 2021.
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Nomura to Issue its First Warehouse Funding Securitization

June 14, 2021
Brandon Ivey
Initially, the securitization will facilitate originations by Finance of America Mortgage and Quicken Loans...
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Former Trump Ax on GSEs Weighs In: Reform is Done, It's All About Capital

June 11, 2021
Dennis Hollier
Perhaps the lone Democrat in the Trump administration, Phillips believes the nation needs both Fannie and Freddie...
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The Mortgage Employment Bonanza Continues. Signs of Easing? Nope

June 11, 2021
Paul Muolo
Need more workers to staff your shop? You're not alone...
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Student Loan Refis: A Market Residential Lenders Should Tap?

June 11, 2021
Paul Muolo
In an interview with Inside Mortgage Finance, CampusDoor Chief Executive Officer Steve Winnie declined to say exactly what the new rate might be, but offered up this ray of hope: “We’ll be competitive.”
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