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Home » Topics » IMFnews » Originations

Originations
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HomeStreet Strikes Deal to Sell MB Offices to NJ Nonbank

April 5, 2019
Paul Muolo
It looks as though the Seattle-based HomeStreet is slowing kissing the residential mortgage business goodbye...
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JPM Chief Estimates $1T in Lost Mortgage Volume, Hints the Bank Might Change its Mortgage Strategy

April 5, 2019
Brandon Ivey
Dimon added that Chase is “intensely reviewing” its role in originating, servicing and holding mortgages due to regulatory issues...
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California Moves Forward on Plans to Create a CFPB-Like Agency

April 5, 2019
Yemeng Yang
The California governor last week appointed a former CFPB enforcement attorney, Manuel Alvarez, as DBO commissioner.
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What We’re Hearing: A Mortgage Sea Change for JPMorgan Chase? / Dimon Beats Up on Nonbanks (Again) / Kumbaya on Loan Brokers? (Not Likely) / Calabria’s First Move? / IMA Selling Bulk MSR Portfolio / Layoffs at Ditech Financial

April 5, 2019
Paul Muolo
Who knows – maybe Dimon will once again embrace doing business with loan brokers...
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First-Lien Holdings by Banks Head North

April 4, 2019
Brandon Ivey
New residential loans going into bank portfolios include mostly non-agency mortgages, with some exceptions…
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Short Takes: Ethos is Now One American Mortgage / Sen. Crapo Takes to the Senate Floor in Support of Calabria / Ditech’s Warning / Industry Elder Statesman Felix Beck Passes Away / A Product Update from Arch

April 4, 2019
Paul Muolo
Ditech continues to point out in SEC filings that trading in its securities is “highly speculative and poses substantial risks.”
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Senate Confirms Calabria as Next FHFA Director. His First Move?

April 4, 2019
Paul Muolo and Dennis Hollier
Although Fannie and Freddie were taken over by the government in the fall of 2008, the two have been wildly profitable – with a few bumps along the way – since 2012.
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CFPB Expected to Roll Back 2015 HMDA Rule

April 3, 2019
Yemeng Yang
The CFPB is likely to propose changes to the mortgage disclosure rule, according to industry observers ...
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Calabria Vote Could Be This Week

April 3, 2019
Dennis Hollier
A handful of Democrats could cross party lines and vote for the FHFA nominee...
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Chairman of Insurance Conglomerate with Ties to Mortgage Industry Indicted in NC

April 3, 2019
Paul Muolo
Anne Tompkins, Lindberg's attorney, said her client is “is innocent of the charges in the indictment and we look forward to demonstrating this when we get our day in court.”
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