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Home » Topics » IMFnews » Originations

Originations
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Middleman Expects Ups and Downs Under Trump

January 22, 2025
Brandon Ivey
Interest rates will be pushed and pulled by Trump policies, according to Stan Middleman, president of Freedom Mortgage.
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Acra CEO Brushes Off Departure of Wholesale Employees

January 22, 2025
Paul Muolo
Roughly 20 of Acra's wholesale account executives and managers left for Champions Funding within the past month or so.
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Short Takes: TD Bank Considers Sale of Jumbos / Bessent’s Nomination for Treasury Moves Forward / Pulte an Unknown / Interest Rate Hurdle

January 22, 2025
Brandon Ivey and James Dohnert
TD held $42.98 billion of first-lien mortgages in portfolio as of the end of September.
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Trump Issues Housing Directive, Regulatory Review

January 21, 2025
Brandon Ivey
Trump directed federal agencies to identify ways to lower the cost of housing and expand housing supply.
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WaFd Bank Stops Originating Mortgages, Citing Several Factors

January 21, 2025
Brandon Ivey
The bank anticipates annual expense savings of $17 million from the move.
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GSE Reform Not a Top Priority for Trump Administration

January 21, 2025
Dennis Hollier
Scott Bessent, nominee to head the Treasury, didn’t mention the GSEs in his confirmation hearing last week.
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Short Takes: One Last Mortgage Enforcement Action From Chopra’s CFPB / Big Banks Offer Relief in CA / Escrow Confusion / Mortgage-Related Income Down at DR Horton

January 21, 2025
Brandon Ivey
Draper & Kramer will be prohibited from residential mortgage lending activities for five years, though the CFPB noted that Draper & Kramer wound down its operations last year.
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Trump Nominates Bill Pulte for FHFA Director

January 17, 2025
Dennis Hollier
The president-elect said Bill Pulte will help “restore the American Dream for all.”
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Turner Looking to Address Housing Supply at HUD

January 17, 2025
Monica Hogan
Turner looks likely to easily be confirmed to run HUD, based on his reception by the Senate Committee on Banking, Housing and Urban Affairs.
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MBS Investor Reaction a Major Factor in GSE Reform

January 17, 2025
Dennis Hollier
It would take Congressional action to create an explicit guarantee, a scenario almost no one expects to happen.
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