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Home » Topics » IMFnews » Originations

Originations
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Short Takes: Trump Nominates Bowman for Fed Vice Chair for Supervision / OCC Ends Loss-Mit Consent Order With Wells / Housing Starts Increase / HUD, DOI Form Task Force

March 18, 2025
Brandon Ivey
Michelle Bowman has expressed industry-friendly views on various regulatory issues.
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Trump Executive Order Could Endanger CDFIs, Lending

March 17, 2025
Brandon Ivey
The White House wants the head of the CDFI Fund to explain which of its functions are statutorily required.
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An Ominous Sign: Origination Profitability Turns Negative in 4Q24

March 17, 2025
Paul Muolo
The decrease marks the ninth quarter of net production losses in the past three years.
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Third-Party Origination Channels Gain Share in 2024

March 14, 2025
Brandon Ivey
The broker share of originations has nearly doubled from where it was in 2017.
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Ellington’s Income Up With Focus on Non-Agency Mortgages

March 14, 2025
James Dohnert
Ellington Financial signed a joint venture with an unnamed mortgage originator in the fourth quarter.
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Short Takes: Pace of Home Sales Slows / Vendors Integrate With Fannie Mae’s Loan Pricing API / HELOC Securitization From Achieve / New MBS With LIBOR Exposure

March 14, 2025
Brandon Ivey
Homes for sale that went under contract in February were on the market for an average of 54 days, the longest period for any February since 2020, according to Redfin.
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PennyMac Sends More GSE-Eligible Mortgages to Non-Agency MBS

March 13, 2025
Brandon Ivey
PennyMac has marketed an average of one non-agency MBS with GSE-eligible mortgages for investment properties per month since November.
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Short Takes: CFPB Firing Freeze Extended / The Drawback of Buydowns / Mixed Trends in Applications Tied to New Construction / Kittle Advising Beeline

March 13, 2025
Brandon Ivey
The freeze was extended to allow a U.S. district court judge to rule on a legal challenge to planned layoffs at the CFPB.
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Ginnie MBS Issuance Declines in February

March 12, 2025
Andras Malatinszky
FHA activity fell 16.8% while VA production was down 15.1% from January.
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loanDepot Takes Loss in 4Q, Margin Shrinks

March 12, 2025
Brandon Ivey
loanDepot’s gain-on-sale margin dropped from 3.33% in the third quarter to 2.60% in the fourth quarter.
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