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Home » Topics » IMFnews » Originations

Originations
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UWM Offers 75-Basis-Point Discount on Refis

September 5, 2024
Brandon Ivey
The discount applies to most types of refis, through Oct. 31.
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CFA Calls for Policy Changes to FHA Program

September 5, 2024
Monica Hogan
The Consumer Federation of America said buyers using FHA loans often face stigma when buying a home and cannot use many competitive strategies that are common to conventional and cash buyers.
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Short Takes: Non-QMs From The Loan Store in MBS / Inventory of Homes for Sale Increases / Freddie Selling NPLs

September 5, 2024
Brandon Ivey
The Loan Store acquired Homepoint Financial’s wholesale lending operations last year.
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Mixed Signals on Demand for Refinances

September 4, 2024
Brandon Ivey
The Fed's anticipated rate reduction is already baked into mortgage interest rates...
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HECM Lending Up Somewhat in Second Quarter

September 4, 2024
Monica Hogan
HECM production picked up somewhat after a lackluster first quarter.
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Investors Showing Strong Demand for Non-Qualified Mortgages

September 4, 2024
James Dohnert
Brian Devlin, president and CEO of Arc Home, said investor appetite for non-QMs is the strongest it’s ever been.
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Short Takes: MSR Values Decline / Retention Performance Falters / Rocket Taps Former CEO of Sagent / Home Improvement Securitization

September 4, 2024
Brandon Ivey
MSR values are coming down as interest rates decline.
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ARM Lending Up in 2Q, Share of Originations Increases

September 3, 2024
James Dohnert
ARMs accounted for 13.6% of first-lien originations in the second quarter of 2024 compared to 11.7% in the first quarter.
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Non-Agency MBS Issuance Poised to Pick Up

September 3, 2024
Brandon Ivey
After a lull around Labor Day, non-agency MBS issuance is set to flow with expanded-credit deals, prime non-agency MBS and a HELOC securitization.
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Lenders Want More Details on Harris’ Downpayment Assistance Proposal

September 3, 2024
Monica Hogan
“How much impact the program would have depends on how many homebuyers can access it,” said Phil Crescenzo, a vice president at Nation One Mortgage Group.
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