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Home » Topics » IMFnews » Originations

Originations
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Some Publicly Traded Lenders Move to Cut Costs

December 3, 2021
Paul Muolo
Personnel costs are something to keep an eye on in the waning months of the largest refi boom ever...
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GR’s $2 Billion-a-Year Loan Officer. How He Did It…

December 3, 2021
Sam Manas
One consultant estimated that Banosian must have a team of at least 200 people around him...
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On the Rise and Gaining Ground: Purchase Lending

December 2, 2021
The top three purchase lenders through the first nine months of 2021: PennyMac, Wells Fargo and UWM...
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More Trouble for Public-Bound Better.com: A Large Layoff

December 2, 2021
Paul Muolo
Better has an “implied equity value” of $6.9 billion. By comparison, PennyMac, the nation’s second largest originator, has a market capitalization rate of $4.01 billion.
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United Wholesale Rolls Out Non-QM Product

December 2, 2021
Brandon Ivey
While IOs are non-QMs, UWM isn’t necessarily going down the credit scale...
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Mr. Cooper Feeling a Bit More Bullish About 4Q21. EBOs Help…

December 1, 2021
Paul Muolo
Mr. Cooper also revealed the sale of its reverse unit should close by Dec. 31...
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Lenders Eye Non-QMs as a Replacement for Refi Business

December 1, 2021
Brandon Ivey
A&D Mortgage: “With conventional rates on the rise again, now is a perfect time to reconsider non-QMs"...
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A Credit Union Joins the Warehouse Lending Club

December 1, 2021
Paul Muolo
So, what’s PenFed doing in the warehouse — and correspondent — business?
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FHFA Rolls Out 2022 Conforming Loan Limits. High Cost Areas Just Shy of $1M

November 30, 2021
Dennis Hollier
An 18.05% year-over-year increase in home prices means Fannie and Freddie will be able to purchase loans as high as $970,080 in 2022.
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MBA: Lending Profits Improve but Expenses Continue to be a Problem

November 30, 2021
Paul Muolo
MBA's Marina Walsh noted, “Per-loan production expenses continued to rise for the fifth consecutive quarter, reaching the second-highest level ever reported.”
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