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Home » Topics » IMFnews » Originations

Originations
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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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Ginnie Mae MBS Issuance Surges to Four-Year High in July

August 21, 2019
John Bancroft

Lenders pooled $44.70 billion of single-family forward mortgages into Ginnie MBS last month. It was the highest monthly total since July 2015…


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Short Takes: Trump Tells the Market: Mr. Powell, Tear Down Those Interest Rates / The Double-Edged Sword / Not Prepared for the Onslaught? / AEI Sees Negatives In FHA Loosening Condo Rules / Tech Vet Launches Zedvue

August 20, 2019
Paul Muolo

Meanwhile, lenders are swamped these days with new business but are they prepared (staffing wise) to handle the volume?


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The Secret Sauce of Non-QM Liquidity: Mortgage REITs

August 20, 2019
Brandon Ivey

CEO Craig Knutson: “MFA’s reputation as a reliable buyer of residential whole loans and dependable capital partner has enabled us to source significant volume of whole loans, including transactions with limited competition.”


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Short Takes: Waiting on Capital Rules for Fannie & Freddie / Re-proprose It? / Louisiana and Ohio Lenders Agree to Merge / Does PIMCO Have a Mortgage Problem? / New Rez Agrees to Buy Guardian

August 19, 2019
Paul Muolo

PIMCO owns at least one mortgage company, First Guaranty Mortgage Corp., in Tysons Corner, VA. Earlier this year, FGMC launched a non-QM brand called Maverick…


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Quicken Tops Among Contributors to Non-Agency MBS in 2Q19

August 19, 2019
Brandon Ivey

In the second quarter, loans produced by Quicken were included in MBS issued by Annaly Capital Management, JPMorgan Chase and Redwood Trust.


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