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Home » Topics » IMFnews » Originations

Originations
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A Decline in CFPB Mortgage Complaints. Applications the Exception

October 21, 2019
Yemeng Yang

The nation’s largest lender/servicer Wells Fargo drew the most gripes, with Mr. Cooper and Ocwen Financial, finishing second and third respectively.


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On the Rise in 3Q19: Fannie/Freddie Credit Quality

October 21, 2019
John Bancroft

Across all LTV bands, the share of purchase loans with low FICO scores fell from 12.88% in the second quarter to 12.29% in the third.


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In the Regulatory Spotlight Once Again: VA IRRRL Abuses

October 21, 2019
Paul Muolo
The Collingwood Group released an update to clients and others, detailing the matter at hand.
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JPM Set to Issue Another Large Prime Non-Agency MBS

October 21, 2019
Brandon Ivey

The $638.2 million MBS follows a $788.9 million deal that Chase brought to market in August. Only a handful of MBS from other issuers this year have topped $400 million...


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A Strong Origination Quarter for the Merger-Bound SunTrust

October 21, 2019
Paul Muolo

Roughly 65.1% of SunTrust’s production came through the correspondent channel.


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What We’re Hearing: Talk of a GSE Legal Settlement? / Using Consent Decrees / Goldman’s New Prime Non-Agency MBS / Fannie Exec Departs for Industry Vendor

October 18, 2019
Paul Muolo

In a report released Friday morning, Cowen Washington Research Group analyst Jaret Seiberg noted that banking regulators have been using consent decrees for years. “Such orders also tend to include conduct restrictions on the banks,” he said…


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CFPB Hopes to Modernize Regulations. Mortgages on its ‘To Do’ List

October 18, 2019
Yemeng Yang

Richard Gottlieb, a partner at Manatt, Phelps & Phillips, called the task force development huge.


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Invictus Capital Partners to Issue Large Expanded-Credit MBS

October 18, 2019
Brandon Ivey

The planned $681.0 million issuance will top a $609.2 million deal Invictus issued in May.


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Short Takes: Ginnie’s Kasper Takes Her Bow / Discovering Japan? (Appleton) / Better Times at Better.com (And a New Hire) / DocMagic Launches Mobile App / Exec Departs Caliber for Flagstar

October 17, 2019
Paul Muolo

Mortgage “fintech” specialist Better.com is hitting the ball out of the park these days on originations. Better is based in New York...


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VA Completes a Gargantuan Task: $400M in Refunds Over Two Decades

October 17, 2019
George Brooks

Some of the improper fee charges were blamed on clerical errors…


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