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Home » Topics » IMFnews » Originations

Originations
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A Big Comeback for Wholesale and Correspondent Lending in 3Q20

November 25, 2020
John Bancroft

The top-five retail mortgage lenders year-to-date: Quicken, Wells Fargo, Chase, Freedom Mortgage and BofA...


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The 2021 GSE Loan Cap is Set: $548K and Change

November 25, 2020
Dennis Hollier

In these high-cost areas, the maximum GSE loan limit bumps up to 150% of the base limit, or $822,375.


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Biden’s CFPB to Focus on QM Rule, Servicer Compliance

November 25, 2020
Yemeng Yang

Attorney Joann Needleman: "The transition team that Biden has put together to look at the CFPB is extremely telling"...


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The Pandemic Effect: Homebuyers Making Faster Decisions

November 24, 2020
Maria Volkova

Before the pandemic struck, a consumer would start shopping 180 days before closing on a mortgage...


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Wall Street Warns Mnuchin Against ‘Hastily’ Ending the GSE Conservatorships

November 23, 2020

Michael Bright: “SFA reiterates our support for the ultimate goal of releasing the GSEs from conservatorship and to increase the role of private capital in our nation’s housing finance system in a responsible manner"...


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Legal Trouble Ahead for LOs and ‘Producing’ Branch Managers?

November 23, 2020
Yemeng Yang

One area that many lenders have questions about: branch managers who also produce loans...


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Mortgage Employment Rises Yet Again. LOs Morphing Into Brokers?

November 23, 2020
Paul Muolo

The big question for the industry: Once production finally slows next year, will lenders trim retail and opt to use brokers since the latter only get paid if the loan closes?


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MetLife to Issue its First Non-Agency MBS Backed by New Production

November 23, 2020
Brandon Ivey

At the end of June, the the insurance giant laid claim to a residential whole-loan portfolio totaling $17.2 billion...


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GSE Buybacks Edge Up In 3Q20, Blame Freddie

November 22, 2020
Dennis Hollier

Meanwhile, over at Fannie Mae, repurchases fell 19.7% to just $12.7 million.


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After a Lull in the Action, Two Non-Agency Deals Arrive on the Horizon

November 20, 2020
Brandon Ivey

After a three-week lull in deals, JPMorgan Chase and American Mortgage Investment Partners Management are marketing new non-agency MBS.


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Latest Imf News

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  • CDIA Calls Out Credit Washing for Rise in Credit Reporting Complaints

  • Home Price Growth Slows in November

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Featured Data

  • Largest Sellers See GSE Deliveries Wane in November

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  • Bank Mortgage Repurchases Decline in Third Quarter

  • Mortgage REITs Up Agency MBS, Shed Non-Agency

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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