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Home » Topics » IMFnews » Originations

Originations
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Multifamily Loans Drive Up Commercial MBS Issuance

November 7, 2024
John Bancroft
Some $30.44 billion of multifamily loans went into commercial MBS issuance in the third quarter, a 46.1% increase from the second quarter.
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Short Takes: FICO Increasing Score Price / Earnings Jump at Finance of America / Zillow Increases Originations / Losses Narrow at Blend

November 7, 2024
Brandon Ivey
The wholesale royalty cost for a FICO credit score for mortgage originations will increase by 41% in 2025 to $4.95.
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Big Swings Likely in Federal Housing Policy Under Trump

November 6, 2024
Brandon Ivey
A business-friendly CFPB, higher insurance premiums for FHA borrowers and an exit from conservatorship for the GSEs are all possibilities.
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loanDepot Turns its First Quarterly Profit Since 2021

November 6, 2024
Brandon Ivey
The profitable third quarter was due to modest improvements in originations coupled with ongoing cost management and productivity programs.
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Mortgage Companies Urged to Explore AI for Efficiency

November 6, 2024
Monica Hogan
Laura Escobar, 2025 chair of the MBA and president of Lennar Mortgage, encouraged MBA members to become more comfortable incorporating AI into their businesses.
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Short Takes: More Rate Volatility / Applications Decline Again / Home Price Projection / Angel Oak REIT Returns to Profitability

November 6, 2024
Brandon Ivey
The 10-year opened the day at 4.258% and spiked to nearly 4.50%.
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Complaints to CFPB Involving Mortgages Stand Out

November 5, 2024
Shannon Clark
Complaints about credit reporting dominated submissions to the CFPB and they more than doubled on an annual basis through the first three quarters of this year.
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Another Profit for Onity but Book Value Lags

November 5, 2024
Paul Muolo
Revenues increased 7.7% from 2Q24 but compensation to executives and employees rose 8.2%.
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FoA’s Debt Move Draws Mixed Reviews From Fitch

November 5, 2024
Brandon Ivey
Ultimately, Fitch's long-term issuer default rating on Finance of America went from C to CCC.
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Short Takes: Volatility Expected for Interest Rates / First-Time Homebuyers Get Older / Angelo Gordon REIT Buying Home Equity Loans / PIMCO, Chase Win Fannie RPL Auctions / Positive Outlook for New American Funding

November 5, 2024
Brandon Ivey
Uncertainty regarding election results could cause some interest rate volatility in the near term.
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Latest Imf News

  • Refi Deliveries to GSEs Level Off in January

  • Fannie's Profits Dip in 4Q on Fair Value Losses

  • House Committee Split on Next Affordable Housing Efforts

  • FHFA, Ginnie to Increase Oversight of Nonbank Servicers

More Imf News

Featured Data

  • Mortgage Complaints to CFPB Tick Up in Fourth Quarter

  • Agency MSR Transfers Pick Up in Fourth Quarter of 2025

  • Record Year for CLO, But Issuance Slowed in 4Q25

  • Originations Increase in Fourth Quarter With Refi Push

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  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • IMF HMDA Dashboard: 2024

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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