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Home » Topics » IMFnews » Originations

Originations
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Time to Wrap Up Those LO Contracts

January 6, 2025
Paul Muolo
Recruiter Rick Roque says it’s in the best interest of management to finalize compensation agreements by mid-March...
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Large Nonbanks Take Back Some Origination Share

January 3, 2025
Brandon Ivey
All of the top five lenders are nonbanks, led by United Wholesale Mortgage.
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DBRS Updates Rating Assumptions for Second Liens

January 3, 2025
James Dohnert
The rating service made the update following a review that found that CES loans originated pre-crisis had notably worse characteristics compared with originations in recent years.
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Short Takes: Interest Rates Rising / Housing Inventory Improving / More Non-Agency MBS in the Works

January 3, 2025
Brandon Ivey
Interest rates on mortgages increased to a level last seen in July 2024.
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Brokers Gain Some Share in FHA/VA Lending in 3Q

January 2, 2025
Brandon Ivey
The increase in broker originations was largely driven by two lenders: United Wholesale Mortgage and PennyMac Financial.
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Refi Share of Applications Falls Below 40% at Year-End

January 2, 2025
Brandon Ivey
The refi share of applications was as high as 55.7% in late September.
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Short Takes: Annaly off to Quick Start With MBS in 2025 / Outsourcing in Zambia / Residential PACE Originations Constrained

January 2, 2025
Brandon Ivey
Annaly Capital Management is preparing to issue the first non-agency MBS of 2025.
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Use of Discount Points More Prevalent at Nonbank Lenders

December 31, 2024
Brandon Ivey
Nonbank lenders put a heavier emphasis on discount points in recent years than depository institutions, according to researchers at the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute.
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Short Takes: Home Prices Up / Pending Home Sales Increase Slightly / HUD RFI on Property Insurance / Publishing Break

December 31, 2024
Brandon Ivey
Home prices increased by 0.4% on a monthly basis in October, according to the Federal Housing Finance Agency.
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CFPB Suit Against Rocket Almost Dead-on-Arrival?

December 30, 2024
Paul Muolo
Current CFPB Director Rohit Chopra is expected to be removed from his post on Jan. 20 when the new Trump White House begins...
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