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Home » Topics » IMFnews » Originations

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Message From FHFA to GSE Sellers: Securitize or Get Out?

January 27, 2021
Dennis Hollier and Paul Muolo

The concern centers on a clause that states beginning January 2022, the FHFA will cap the amount of mortgages any lender can deliver to the cash window at $1.5 billion over any four-quarter period.


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Forbearance Reading Heads North. Reason: Private-Label Loans

January 26, 2021
Paul Muolo

The number of Ginnie Mae loans in forbearance came in at 7.61%, down 6 bps for the week while the Fannie Mae/Freddie Mac tally declined to 3.11%, a 2 bp improvement.


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NewRez Resumes Non-QM Lending After Nearly a Year Away

January 25, 2021
Brandon Ivey

Most of the other top players in the non-QM sector returned to the market within months of the COVID-related disruption...


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CFPB Complaints for 2020 Paint a Portrait of Discontent

January 24, 2021
Andras Malatinszky

The CFPB's year of discontent? Mortgage-related complaints declined 7.9% from the third to the fourth quarter but increased 9.2% overall in 2020.


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Angel Oak Sets Its Sights on $4B of Nonprime Originations, At Least

January 24, 2021
Paul Muolo

“Right now business is good,” said Managing Partner and Co-CEO Mike Fierman…


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Anthony Hsieh, loanDepot’s $50 Million Man

January 22, 2021
Brandon Ivey and Paul Muolo

According to the S-1, the pay includes a base salary of $408,994 and a bonus of $42.5 million.


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Secondary Market Investors Salivating for 'New' Non-QMs

January 22, 2021
Brandon Ivey

After a disruption in March 2020, originations of non-QMs might return to pre-pandemic levels later this year...


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Private Mortgage Insurance Tops Purchase Market, VA Leads in Refis

January 22, 2021
John Bancroft

Private MIs were particularly strong in the purchase-loan market, with annual GSE sales of $366.87 billion — which represented 51.0% of all insured purchase loans securitized by the agencies...


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In 4Q, Banks Didn’t Exactly Rise to the Mortgage Occasion

January 21, 2021
Paul Muolo
The nation’s top six depositories funded a combined $139.3 billion of mortgages in the fourth quarter of 2020, down both sequentially and on an annual basis.
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White House Names Interim CFPB Director: Uejio

January 21, 2021
Lisa Burden

Uejio first started at the bureau in 2012. He has held several positions with the agency, including lead for talent acquisition.


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