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Home » Topics » IMFnews » Originations

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Agency MBS Issuance for May: $116 Billion, the Best Reading of the Year

June 7, 2019
John Bancroft

Fannie Mae led the pack with $43.58 billion in MBS issuance last month, a 32.9% jump from April...


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Short Takes: A Fannie-Freddie IPO? Not So Fast / $20 a Share? / When in Doubt, Pick the White Guy Category / If Cordray Was Running the CFPB… / New Hires for Waterstone, LoanLogics

June 6, 2019
Paul Muolo

If Democratic-appointee Richard Cordray was still in charge at the CFPB would the Freedom Mortgage fine be larger?


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MBA: IMBs No Longer Losing Money on Originations. However, Expenses Jump

June 6, 2019
Good news/bad news: origination profits are up, but so too are expenses...
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Agency ‘Jumbo’ Production Plunges 21% in 1Q19

June 6, 2019
John Bancroft

Meanwhile, non-agency jumbos accounted for 18% of primary market originations, up from 17.6%...


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In Trying to Prevent a ‘Hard Stop,’ Freedom Mortgage Runs Afoul of HMDA

June 6, 2019
Yemeng Yang

The CFPB said the practice was not limited to a specific location, loan officer or time period...


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Short Takes: A Refreshing Assessment from Freddie’s Don Layton / Hey, Let’s Build an AU System Everyone Can Use (Maybe Not) / FHFA Pulls the Plug on Rate Survey / Booming Loan Originations. However… / CHLA Hires Industry Vet Willison

June 5, 2019
Paul Muolo

Freddie CEO Don Layton: "People tell me, ‘Well, let’s have a common AUS that everyone can use.’ My only data point on that is that to have a common system on the backend for the security (UMBS) took seven years and $2 billion to build…”


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New Deadline Set for Auction of Ditech Servicing Business

June 5, 2019
Paul Muolo

Ditech’s M&A advisor is the investment banking firm of Houlihan Lokey...


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Throwing a Monkey Wrench Into an Anticipated M&A Boom: Declining Rates

June 5, 2019
Paul Muolo

Thanks to today’s high loan balances, a 50-basis-point drop in rates can do wonders for the refi market, but is bad news for companies that have large servicing portfolios to unload...


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Potential Borrowers Overestimate Mortgage Qualification Requirements

June 5, 2019
Brandon Ivey

Even current mortgagors don't know the minimum requirements...


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CFPB Issues Warning on Loan-Closing Scams

June 5, 2019
Yemeng Yang

The agency said if a scam is suspected, the customer should contact the bank or wire-transfer company immediately...


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