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Home » Topics » IMFnews » Originations

Originations
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Mortgage Bellyaching Plunges to Record Low in 4Q19

January 22, 2020
Yemeng Yang

For the full year of 2019, total mortgage complaints from end users were down 9.1%...


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Invictus Set to Issue its Largest Expanded-Credit MBS Ever

January 22, 2020
Brandon Ivey

The $699.2 million expanded-credit security tops a $681.0 million deal Invictus issued in October.


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Radian Sells Due Diligence Unit Clayton – At a Loss

January 22, 2020
Paul Muolo

Radian bought Clayton in 2014, paying a hefty $305 million for the business, a price that many observers thought was a bit rich.


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Nonbank Market Share Sets New High in Agency Business

January 21, 2020
John Bancroft

Only two banks ranked among the top agency sellers last year: Wells Fargo and JPMorgan Chase.


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It’s Official: The QM Patch Won’t Expire as Scheduled

January 21, 2020
Dennis Hollier

Industry observers believe that could translate into a delay of six to 18 months.


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Megabanks Begin Reporting Mortgage Results. A $700B Quarter?

January 16, 2020
Paul Muolo

Last but not least: U.S. Bank, which funded $17.5 billion, a 10.8% improvement from the third quarter.


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Mortgage Insurers See Explosion in Refis, Purchase Business

January 16, 2020
John Bancroft

Private MIs insured $60.97 billion of refinance loans delivered to Fannie and Freddie in 2019, more than triple their total for the prior year.


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Angel Oak Stocks Expanded-Credit MBS with Fixed-Rate Mortgages

January 16, 2020
Brandon Ivey

Expanded-credit MBS with a small share of adjustable-rate mortgages are somewhat rare.


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Non-QM Lenders Anticipate a Production Boom for 2020

January 15, 2020
Paul Muolo

First Guaranty Mortgage Corp., which is owned by PIMCO, has its eye on non-QM lending of $1.0 billion…


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Virginia Bank Acquires Wholesale Mortgage Lender

January 15, 2020
Brandon Ivey

In general, commercial banks have avoided wholesale mortgage lending like the plague. But not Blue Ridge.


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