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Home » Topics » IMFnews » Originations

Originations
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Short Takes: Housing Market Outlook / Freddie’s New CFO / Invictus Keeps Up the Pace / Lower to Let Applicants Access Underwriting Engine

January 8, 2025
Brandon Ivey
For 2025, analysts at Morningstar DBRS predict modest home sales, modest price appreciation and mortgage rates oscillating around the 6%–7% range.
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CFPB Issues Final Rule to Remove Medical Debt From Credit Reports

January 7, 2025
Shannon Clark
Medical debt will soon be wiped away from consumer reports under a new rule.
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State Regulators Expected to Fill Void Under Trump

January 7, 2025
Shannon Clark
“We can continue to expect [states] to be as active and maybe even more so this time around,” said Kathryn Ryan, a partner at Orrick.
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Similarities in New VantageScore Compared With FICO

January 7, 2025
Dennis Hollier
Despite the similarities in results from the scoring models, there are some major differences in how the scores are constructed.
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Short Takes: Rocket Fueling Redwood’s MBS / Wells Fargo’s Asset Cap / Chase’s Servicing Unit / Homeowners Plan to Stay Put

January 7, 2025
Brandon Ivey
Redwood has issued eight consecutive prime non-agency MBS where Rocket Mortgage was the top contributor of loans.
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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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