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Home » Topics » IMFnews » Originations

Originations
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New Nevada Law Would Subject Lenders to ECOA Liability

August 26, 2019
Brandon Ivey

The law would compel lenders to violate the Equal Credit Opportunity Act, according to the Mortgage Bankers Association.


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Mortgage Banking Income at Banks Increases in Second Quarter

August 26, 2019
John Bancroft
Mortgage banking income at banks increased by 14% in the second quarter, though income declined at several top banks.
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What We’re Hearing: Loan Brokers, the Swagger is Back / Hiding From Wholesale: Most Banks / What Would Jamie Dimon Say? / Olmem is the Man / Lifting the Pay Cap on GSE CEOs?

August 23, 2019
Paul Muolo

One GSE-related question that hasn’t been answered yet: If a recap and release plan becomes a reality, will Congress end the $600,000 pay cap on GSE CEO compensation? 


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Blend Scores Freddie Mac Partnership

August 23, 2019
Dennis Hollier

Then again, the partnership with Freddie isn’t exactly novel. The vendor has a similar arrangement with the GSE’s crosstown rival Fannie Mae…


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Boom Times for Better.com: Originations Spike, Firm Raises $160M. And ‘Help Wanted’ Too

August 23, 2019
Brandon Ivey

Better.com President Jerry Selitto told Inside Mortgage Finance the firm hopes to add 400 additional employees by yearend. Some of its workforce is in India…


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HUD Expands Test for Disparate-Impact

August 22, 2019
George Brooks

Under the HUD draft rule, allegations that a specific, identifiable policy or practice has a discriminatory effect must plead facts to support the claim


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Lenders Face Capacity Issues. Brother, Can You Spare an Underwriter?

August 22, 2019
Paul Muolo

Most of those interviewed said the third quarter will be stronger than the second in terms of origination volume...


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Loan Broker Market Share Climbs to New Post-Crisis High: 14.9%

August 22, 2019
John Bancroft

Quicken was the market leader in retail lending with UWM taking top honors (by far) in the wholesale category. Wells Fargo was the top correspondent buyer in 2Q19…


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Short Takes: Caution: Possible G-Fee Hike Ahead? (Trump) / A Tax on Homeownership? / Falling Applications and the Industry’s ‘Capacity’ Problem / Top Tech Exec Bolts loanDepot for GR

August 21, 2019
Paul Muolo

The big question: Will the White House and Congress visit the guarantee fee trough once again to pay for it? 


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Zillow Slows Loan Officer Hiring. Reason: Mortgage Tech Issues

August 21, 2019
Brandon Ivey

Until Zillow bought a mortgage company, it was predominantly known for its estimates of individual home values and its residential marketplace... 


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Latest Imf News

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