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Home » Topics » IMFnews » Originations

Originations
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Residential Loan Repurchases Highest Since 3Q22

June 3, 2024
Namrata Bhatia
Wells Fargo's loan repurchase/indemnification volume totaled $118.0 million in 1Q24 and was the largest in the nation among depositories...
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A Positive Sign of Sorts: Loan Officer Comp Begins to Ebb

June 3, 2024
Paul Muolo
As MBA recently noted, personnel expenses tied to loan production declined in the first quarter...
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Jumbo Lending Declines in First Quarter

May 31, 2024
Brandon Ivey
A number of banks reduced their jumbo originations in early 2024 and nonbanks aren't fully picking up the slack.
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Mixed Reaction to CFPB’s RFI on Mortgage Costs

May 31, 2024
Brandon Ivey
Lenders are happy the CFPB is scrutinizing certain fees while harboring some concerns about the CFPB's motives.
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UWM Won’t Be Forming a Real Estate Investment Trust

May 31, 2024
Paul Muolo
To date, nonbank lender/servicers that play in the conventional/government arena have had mixed success in capitalizing on using REITs that sell shares to the public.
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Short Takes: Michael Cohen’s HELOC / Expanded-Credit Impairments Decline / Pending Home Sales Slow / Lender M&A

May 31, 2024
Brandon Ivey
Michael Cohen, former President Donald Trump’s former attorney, testified during the trial that he used proceeds from a personal home equity line of credit to pay off Stormy Daniels on behalf of Trump.
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CFPB Releases RFI on Mortgage Closing Costs

May 30, 2024
Shannon Clark
Industry trade groups reacted swiftly to the RFI.
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Mixed Trends in FHA, VA Lending in First Quarter

May 29, 2024
Monica Hogan
FHA's share of combined FHA/VA lending declined to 60.8% in the first quarter of 2024.
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Appraiser Regulator Considers Dropping College Requirement

May 29, 2024
Brandon Ivey
The assessment comes amid a shortage of appraisers along with concerns that the existing pool of appraisers isn’t sufficiently diverse.
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Short Takes: Applications Deflate / FHA Clarifies Attorney Fee Reimbursement / FirstKey Ramps Up HEL Securitization / Ocwen’s Rebrand Starts in June

May 29, 2024
Brandon Ivey
Applications in late May hit the lowest level seen since March.
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