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Home » Topics » IMFnews » Originations

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Short Takes: Hurricane Warren? / The Heart and the Soul of the CFPB / Big Bank Breakup? / Don’t Plan Calabria’s Going Away Party Quite Yet / New Hires for Greystone

October 1, 2019
Paul Muolo

Fannie Mae and Freddie Mac a political issue in the 2020 election? Not by a long shot...


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A Healthy Quarter for Interest-Only Originations

October 1, 2019
Brandon Ivey

First Republic, JPMorgan Chase and CitiMortgage led the IO pack during the second quarter. Interest-only originations tend to be concentrated in the jumbo space...


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Ditech Completes Sale of Reverse Mortgage Solutions to MAM LLC

October 1, 2019
Paul Muolo

Ditech, in the coming days, expects to close on its previously announced asset sale to New Residential Investment Corp. The REIT is scheduled to purchase most of the nonbank’s servicing portfolio and what’s left of its origination platform.


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Toorak Capital Partners Issues Large ABS Backed by Residential Bridge Loans

October 1, 2019
Brandon Ivey

Toorak is a leading issuer of fix-and-flip securitizations. The firm has aggregated more than $3.0 billion worth of product since 2016.


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Short Takes: Blunt Advice on LOs: Move Up or Move Out / Saved by Rates Again? / Prestwick Offers Bulk MSR Package / A Decade at Long & Foster / FHFA Settles with Watt’s Accuser

September 30, 2019
Paul Muolo and Dennis Hollier

Although origination volumes appear to be strong these days, some mortgage executives are already worrying about what might happen next year...


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Treasury, FHFA Hike Allowable Retained Capital at the GSEs

September 30, 2019
Dennis Hollier

The hike in the retained earnings threshold was widely anticipated and the news hardly budged the share price of Fannie/Freddie common.


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Senate Panel Asks HUD to Study Ginnie’s Dependence on Contractors

September 30, 2019
George Brooks

The Senate panel believes such a study is crucial before Ginnie develops a plan to fill gaps in hiring and retention.


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What We’re Hearing: The (Mortgage) IPO Dream / Uber and Lyft May Never Earn a Dime / GSE Legislation During the Lame Duck Session? / Cashing out of Fannie and Freddie / The New Wells CEO: No Mortgage Experience

September 27, 2019
Paul Muolo

One of the biggest speculative bets ever made in mortgage stocks is going on right now: Fannie and Freddie...


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HMDA: Mixed Trends in Denial Rates for Jumbos

September 27, 2019
Brandon Ivey

Quicken Loans denied 29.6% of applications for jumbo purchase-mortgages in 2018 and denied nearly half of the jumbo refi applications it received.


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FHFA Chief Calabria Keeps a Close Watch on G-Fees, More

September 27, 2019
Paul Muolo

In late 2018, the FHFA published a report on g-fees paid from 2013 to 2017, stratifying it by five different lender cohorts…


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