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Home » Topics » IMFnews » Originations

Originations
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Short Takes: FHLBank of Chicago Accepts VantageScore / The Reason for Rate’s Rebrand / New Scratch-and-Dent MBS

July 9, 2024
Brandon Ivey
Members of the FHLBank of Chicago can pledge collateral to the bank with VantageScore credit scores rather than the traditional FICO score.
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Brokers Add Jobs, Mortgage Bankers Keep Trimming

July 8, 2024
Paul Muolo
The BLS reading on mortgage employment trails the national numbers by a month.
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Mortgage Lock Activity Declines in June

July 5, 2024
Brandon Ivey
Locks for purchase mortgages and refinances declined in June as interest rates increased.
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Broker Channel Gains Share in First Quarter

July 5, 2024
Namrata Bhatia
In the conventional-conforming sector, the broker share grew to 22.2% in the first quarter, up from a 21.6% share the previous quarter.
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MBA: Rate Cuts Still on the Table Following Strong Jobs Numbers

July 5, 2024
Brandon Ivey
Mike Fratantoni, a senior vice president and chief economist at the Mortgage Bankers Association, stressed that headline figures from the June jobs report don't tell the whole story on employment trends.
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CFPB Fair Lending Efforts Focus on Pricing, HMDA

July 5, 2024
Shannon Clark
The CFPB completed 28 fair lending examinations or reviews on banks and nonbanks last year.
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Short Takes: Pending Home Sales Decline / PennyMac Adds MSR Financing / New Expanded-Credit MBS / Translations of FHA Servicing Documents

July 5, 2024
Brandon Ivey
Pending home sales in June declined on an annual basis at a rate not seen in four months.
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Adjusting to a ‘New (Mortgage) Normal’

July 3, 2024
Paul Muolo
APM has strung together a string of profitable months. It's not alone...
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SoFi Credits Wyndham Purchase for Mortgage Growth

July 2, 2024
Brandon Ivey
SoFi originated $336.1 million of mortgages in the first quarter of 2024...
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Short Takes: A Record Month for CMG / The Names, Please... / #12 / GNMA MSRs Up for Grabs / Silvergate Fined by the Federal Reserve

July 2, 2024
Paul Muolo
Overall, CMG Mortgage listed the names of 12 loan officers who posted recent record-breaking months...
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