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Home » Topics » IMFnews » Originations

Originations
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Ginnie Revises Financial Requirements for Manufactured Housing Lenders

February 29, 2024
Monica Hogan
Ginnie Mae's revisions come one day after the FHA raised the maximum loan limit for Title 1 loans on manufactured housing.
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Lenders Advised to Look for Different Lead Sources

February 29, 2024
James Dohnert
Lenders should shift their marketing spend from trigger leads to other sources, according to Jimmy King, CEO of BankingBridge, a mortgage marketing technology company.
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Short Takes: Little Sympathy for Banks / $301 Million From GSEs for Affordable Housing / Home Price Appreciation Projection / Newrez Partners on Home Sales

February 29, 2024
Brandon Ivey
Mat Ishbia, chairman and CEO of United Wholesale Mortgage, suggested that competition from nonbanks is helping to push banks out of the mortgage market.
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Mortgage Income at Banks Drops in Fourth Quarter

February 28, 2024
Andras Malatinszky
Banks' income from mortgage banking operations declined by 24.6% in the fourth quarter.
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MSR Fair Values Drive Loss at UWM in Fourth Quarter

February 28, 2024
Brandon Ivey
UWM's margins declined slightly in the fourth quarter but, for the full year in 2023, were well above the level seen in 2022.
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Short Takes: Cyber Attack to Cost loanDepot at Least $12 Million / Mortgage Applications Decline / Home Prices Up in December / Sales of New Homes Increase / Pretium Sells a Stake

February 28, 2024
Brandon Ivey
Insurance won't fully cover loanDepot's expenses from a cyberattack that occurred in January.
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GSE Conservatorship Not Expected to End Anytime Soon

February 27, 2024
James Dohnert
Despite underlying issues with the mortgage market, the FHFA's conservatorship over Fannie Mae and Freddie Mac looks unlikely to end.
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CFPB Officials Scrutinize Appraisal Foundation

February 27, 2024
Shannon Clark
CFPB officials directed critical questions at Appraisal Foundation President David Bunton during a recent hearing by the Federal Financial Institutions Examination Council’s Appraisal Subcommittee.
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MSR Fair Value Changes Prompt Loss for Ocwen

February 27, 2024
Brandon Ivey
Disregarding changes in MSR values, Ocwen's servicing business was profitable in 2023 while the nonbank's origination business broke even.
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First-Time Homebuyer Share Increases in Agency Market

February 26, 2024
John Bancroft
The agencies securitized a combined $439.25 billion of first-time buyer loans in 2023, which represented 52.8% of agency purchase-loan business.
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Latest Imf News

  • Loan Production Income Increases at Publicly Traded Banks, Nonbanks

  • FHFA Adopts New Housing Goals for the GSEs

  • GSEs Growing Retained MBS Holdings in 4Q25

  • Sellers Increasingly Outnumbering Buyers in Housing Market

More Imf News

Featured Data

  • Largest Sellers See GSE Deliveries Wane in November

  • Third-Party Lenders Boost Market Share in Third Quarter

  • Bank Mortgage Repurchases Decline in Third Quarter

  • Mortgage REITs Up Agency MBS, Shed Non-Agency

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Featured Reports

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

  • Mortgage Profitability Report 3Q25 (PDF)

  • Lender Profiles 3Q25: Top 25 (PDF subscription)

  • Agency Channel Analysis: 3Q25 (PDF)

More Latest Reports

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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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