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Home » Topics » IMFnews » Originations

Originations
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Wells Fargo Resumes Third-Party Jumbo Originations

February 17, 2021
Brandon Ivey

In mid-January, Charles Scharf, president and CEO of Wells, had indicated the bank was ready to resume activity on correspondent basis, but was noncomittal.


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The Production Star of 4Q20: Conventional-Conforming

February 17, 2021
Lisa Burden

Quicken Loans was the top producer of conventional-conforming loans with an estimated $271.55 billion...


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AZ Bank in $1 Billion Deal to Buy Nation's Third Largest Correspondent Lender

February 16, 2021
Paul Muolo

Back in fall, the privately held AmeriHome announced its intentions to go public.


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Despite Employee Buyout Offers, GSE Headcount Keeps Growing

February 16, 2021
Paul Muolo

The filings also reveal the frustrations the two mortgage giants are having finding experienced workers during the mortgage boom...


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Refi Train Carries FHA/VA Lending to a Stunning New Record

February 14, 2021
John Bancroft

The year just-ended brought two huge changes to the government-insured market. First, the VA established itself as the dominant program...


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Pending Head of HUD Looking to Improve Tribal Lending Program

February 12, 2021
Maria Volkova

Section 184 home loans are specifically allocated to Native Americans who are purchasing property on tribal land trusts.


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Short Takes: loanDepot's Stock Rises / Average G-Fee Declines / UpEquity Raises $25 Million / Forbearance Share Declines

February 12, 2021
Brandon Ivey

loanDepot's stock jumped more than 50% on its first day of trading after the nonbank downsized its IPO.


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Short Takes: GSE Origination Flexibilities Extended / Few Foreclosures / Non-QM MBS from Caliber / Equitable Housing Hires at Freddie

February 11, 2021
Brandon Ivey

FHFA extended various origination flexibilities related to GSE mortgages through the end of March.


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Redwood's Net Income Drops in Fourth Quarter

February 11, 2021
Brandon Ivey

The decline was largely tied to income from investments while Redwood's lending units are generating returns above 20%.


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loanDepot Goes Public with Scaled Down IPO

February 11, 2021
Brandon Ivey

In January, loanDepot had plans to raise upwards of $362 million via an IPO. On Feb. 11, the offering priced with a reduced share price and fewer shares, generating $54 million.


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