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Home » Topics » IMFnews » Originations

Originations
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Time to Staff Up? According to Some, Yes…

February 12, 2024
James Dohnert
With the spring homebuying season just around the corner, lenders may want to staff up...
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Agency Sector Gains Share in Fourth Quarter

February 9, 2024
John Bancroft
Agency-eligible production accounted for 87.1% of first-lien originations in the fourth quarter, up from 81.1% a year ago.
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Supreme Court Rules Against USDA in FCRA Decision

February 9, 2024
Monica Hogan
Public Citizen Litigation Group applauded the decision that confirms federal agencies can't escape accountability when they fail to comply with their responsibilities to consumers under the Fair Credit Reporting Act.
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Income Drops at Mr. Cooper in Fourth Quarter

February 9, 2024
Brandon Ivey
The nonbank is set to have a $1.1 trillion portfolio as of the end of March.
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Annaly Brings Non-Agency MBS With Bank-Originated ARMs

February 9, 2024
James Dohnert
ARMs accounted for less than 1% of prime non-agency MBS issuance in 2023.
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Short Takes: Waters Pushes Affordable Housing / Fannie Selling NPLs / Home-Improvement Loan Securitization / CFPB Settles Foreclosure Relief Scam

February 9, 2024
Brandon Ivey
Rep. Maxine Waters, D-CA, reintroduced a package of bills aimed at affordable housing.
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Banco Popular Stocking FHA Production in Portfolio

February 8, 2024
Monica Hogan
The vast majority of FHA originations end up in Ginnie Mae mortgage-backed securities.
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Bank Pullback Could Help Non-QM Lenders

February 8, 2024
James Dohnert
“Regional banks would usually balance sheet a lot of [non-QM] borrowers, but they’re contracting due to their risk exposure,” said Samuel Bjelac, the new senior vice president, national sales, third-party originations, at Carrington Mortgage Services.
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Short Takes: Trigger-Lead Bill in House / First American Returns to Profitability / Lender Partners With Visa / Consumers Pessimistic on Homebuying

February 8, 2024
Brandon Ivey
Legislation to limit trigger leads was introduced in the House with bipartisan support.
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GSE CRT Issuance Limited in 2023

February 7, 2024
Dennis Hollier
Issuance in 2022 was helped by lingering loans from the refinance wave while mortgage originations were down sharply in 2023.
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