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Home » Topics » IMFnews » Originations

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Another Decline for Expanded-Credit Originations

May 29, 2019
Paul Muolo

The top five EC producers include U.S. Bank, Angel Oak, Redwood Trust, Citadel Servicing Corp., and New Rez…


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Short Takes: First American’s Systems Exposed? / Forensic Team Hired / Whatever You Do, Don’t Treat Your Employees Like Family / Another New Hire for FHFA / GSE Preferred Shares Repaid?

May 28, 2019
Paul Muolo
FHFA hires a new legislative affairs director...
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Quicken Founder Dan Gilbert Suffers Stroke

May 28, 2019
Paul Muolo

Quicken: "Dan is awake, responsive and resting comfortably."


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A Slight Dip in Jumbo Production

May 28, 2019
Brandon Ivey

Bank of America overtook JPMorgan Chase as the second largest jumbo lender in the nation...


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Redwood Argues for Shifting GSE QM ‘Patch’ Business to Non-Agency Market

May 28, 2019
Brandon Ivey

Nearly 70% of the volume going to the GSEs due to the QM patch could be handled in the non-agency market without disrupting borrowers, according to a new SEC filing and presentation from Redwood.


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FHA/VA Loan Quality Turns Riskier in 1Q19

May 28, 2019
John Bancroft

In the FHA market, the average credit score for refi loans fell to just 659.5 in the first quarter, compared to 668.8 for purchase loans…


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Short Takes: On the GSE Gas Pipe: Cash-out Refis? / A Mouthwatering Wholesale Market Share for UWM / Non-QM Funders Move Up / ‘Linked-Notes’ from MGIC / Mortgage Apps Up, New Homes Sales Down

May 23, 2019
Paul Muolo

Should Fannie and Freddie be allowed to purchase and securitize cash-out refis?


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National Flood Bill Advances

May 23, 2019
George Brooks

Since the program’s multi-year authorization expired on Sept. 30, 2017, partisan bickering has led Congress to pass 10 short-term extensions...


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Don’t Look Now, but Loan Brokers Have a 14.1% Market Share, the Best Showing Since the Financial Crisis

May 23, 2019
John Bancroft

Without a doubt, United Wholesale Mortgage is the Big Kahuna of table-funding with a massive market share reading of 35.1%, according to Inside Mortgage Finance. In short, it has left all competitors in the dust…


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State Regulators Still Plan to Set Standards for Nonbanks

May 23, 2019
Brandon Ivey

State regulators proposed standards for nonbanks in 2015 but there was no follow-through. However, the issue is alive and well thanks to the incoming chairman of the Conference of State Bank Supervisors.


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