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Home » Topics » IMFnews » Originations

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Wells Fargo's First Quarter Results Suggest Mortgage Apps are Now Booming

April 12, 2019
Paul Muolo

Wells' results also suggest that better days are ahead for originators everywhere...


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What We’re Hearing: Good Luck Mr. Calabria / So What’s First on the List? / Digital Mortgages, the Great Mortgage Employment Reducer? / About that 25 BPs LLPA Charge from Fannie Mae / Op-Ed by Caliber CEO Das Sets Tongues Wagging

April 12, 2019
Paul Muolo
A new op-ed from Caliber Home Loans CEO Sanjiv Das has people talking, and not necessarily in a good way...
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Annaly Affiliate Set to Issue Expanded Credit MBS

April 12, 2019
Brandon Ivey
Banc of California is the top contributor to a new $388.16 million expanded-credit mortgage-backed security from an affiliate of Annaly Capital Management.
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Fearing Risk, Fannie Mae Slaps a 25BP LLPA on (High LTV) Second Homes

April 11, 2019
Paul Muolo
Fannie said the change was brought about as a “result of our periodic review of risk-based pricing…”
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PIMCO Issuing Non-Agency MBS Backed by Seasoned Mortgages

April 11, 2019
Brandon Ivey
It was rumored that PIMCO was considering issuing non-agency MBS backed by nonprime non-qualified mortgages but loans in the pending deal have seasoned for a number of years and the borrowers have prime credit...
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What Goes Up, Must Come Down: Mortgage Applications

April 10, 2019
Paul Muolo
The refi share of new business fell to 44.1% from 47.4% the week prior…
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Non-QM Lender Deephaven Off the Market?

April 10, 2019
Paul Muolo
Formed earlier in the decade by former Goldman Sachs executive Matt Nichols, Deephaven ranks among the top 10 expanded-credit lenders.
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Short Takes: Fannie and Freddie, Lenders of Last Resort? / Privately Held and Ranked Eighth / Caliber Settles with the Bay State / New American Jumps Into Non-QM Waters / A Tom Clancy-Like Warning

April 10, 2019
Paul Muolo and Brandon Ivey

Short Takes: Judge Orders Mediation for Quicken and Uncle Sam / Fighting Rather Than Quitting / A Mortgage Sample of Just 55 Loans / Calabria and GSE Stock Prices / Waiting on the Swearing In / Arch and Some Predictions About the (Coming) Recession

April 9, 2019
Paul Muolo
In late 2015, Quicken executive Bill Emerson complained how DOJ sued based on a paltry sample of the lender’s government-backed loans. “They cherry-picked just 55 loans [for its case],” he said…
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Lenders Fear Expanded HMDA Reporting Could Lead to More Scrutiny

April 9, 2019
Yemeng Yang
More data = more scrutiny?
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