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Home » Topics » IMFnews » Originations

Originations
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MBA Expects Rate Cut From Fed in May

February 1, 2024
Brandon Ivey
A close reading of the Federal Open Market Committee’s statement Wednesday suggests that the Fed’s next move will likely be a cut, according to the MBA.
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Lenders Expect Manageable Changes on Home Sale Structure

February 1, 2024
Brandon Ivey
The commission structure for real estate agents is poised for a shakeup in the wake of the legal issue facing the National Association of Realtors.
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Short Takes: Large Package of MSRs on Offer / Home Equity Declines / Homeowners Still Locked In / Tepid Home Tour Activity

February 1, 2024
Brandon Ivey
Incenter is marketing a sale of GSE MSRs with a total unpaid principal balance of $15.06 billion.
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FHFA Directs GSEs to Explore Alignment on Reps, Warrants

January 31, 2024
Dennis Hollier
This year's scorecard includes more focus on the multifamily businesses of Fannie Mae and Freddie Mac.
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Mortgage Margins Plummet at NYCB in Fourth Quarter

January 31, 2024
Brandon Ivey
The bank's gain-on-sale margin fell from 59 basis points in the third quarter of 2023 to 32 bps in the fourth quarter.
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Warehouse Lenders Looking for Lower Interest Rates

January 31, 2024
Paul Muolo and Brandon Ivey
One chief concern: Warehouse borrowing covenants have been breached.
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Short Takes: Applications Decline / Chase Expands SPCP Benefits / Luxury Home Price Appreciation Accelerates / New Expanded-Credit MBS

January 31, 2024
Brandon Ivey
Demand for purchase mortgages declined last week even as interest rates stayed level.
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Mortgage-Related Complaints to CFPB Decline Slightly

January 30, 2024
Andras Malatinszky
Mortgage borrowers filed only 2.4% fewer complaints last year than in 2022.
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REIT Will Enter the Origination Market. However…

January 30, 2024
Paul Muolo
The production chief Two Harbors hired was not identified by name...
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Mixed Trends in Originations by Homebuilders

January 30, 2024
Brandon Ivey
Pulte boosted its originations in the fourth quarter while production was down at NVR.
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