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Home » Topics » IMFnews » Originations

Originations
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Nonbank Lending Footprint Continues to Grow, Market Share Tops 58%...

January 2, 2020

Meanwhile, the fastest-growing cohort in bank retail lending were small institutions…


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The Empire State Enacts Stricter Rules for HECMs

December 31, 2019
George Brooks

The measure comes at a time of sinking fortunes for reverse mortgage originators: HECM production totaled $8.4 billion through the first nine months of 2019, a steep 27.8% drop from the comparable period a year earlier...


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What the CCPA Means for the Mortgage Industry

December 31, 2019
Yemeng Yang

In general, the CCPA allows California residents to know and access what information businesses collect on them...


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Short Takes: Happy Old Year? / $2.0 Trillion? / Good News and Bad News / High Marks for FHFA’s Calabria / A Day Off

December 31, 2019
Paul Muolo

In 2018, first lien originations totaled $1.63 trillion. For 2020, $1.9 trillion to $2.0 trillion seems like a reasonable number. The key, as always, will be interest rates…


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Impac Renews Shelf to Sell $200M of Securities

December 30, 2019
Paul Muolo

A company official explained that the new S-3 filing with the Securities and Exchange Commission is a successor document to one expiring at yearend.


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ARM Lending Up in 3Q19 but Market Share Declines

December 30, 2019
Brandon Ivey

In 3Q19, the top ARM lenders were Wells Fargo with $8.28 billion, Bank of America ($7.67 billion), and JPMorgan Chase ($5.43 billion).


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Dems Concerned About CFPB’s Advisory Opinion Plan

December 30, 2019

In September, the CFPB issued a compliance assistance policy, signaling its intent to propose an interpretive letter program “as soon as practicable,” given significant interest from stakeholders…


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2020, A Bright Year for Citadel Servicing Corp.?

December 27, 2019
Paul Muolo

Based in Irvine, the privately held lender/servicer services roughly $3.6 billion in loans.


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A Cooling Trend Expected for Expanded-Credit MBS Issuance

December 27, 2019

The biggest wildcard for the sector: The Consumer Financial Protection Bureau’s handling of the QM patch...


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Short Takes: Apps Slow Before Holidays / Freddie Switching to Quarterly Housing Forecasts / Another Joint Venture with NewRez / RHS Streamlines Loss Claim Process

December 26, 2019
Brandon Ivey

Mortgage applications declined and refinances accounted for the bulk of applications.


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