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Home » Topics » IMFnews » Originations

Originations
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Housing Groups Urge Congress to Avoid Government Shutdown

November 14, 2023
Monica Hogan
The MBA and other trade groups are urging Senate and House leadership to make sure funding and authorization for the National Flood Insurance Program doesn’t lapse on Nov. 17.
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Chopra Raises Concerns About Appraisal Management Companies

November 14, 2023
Sam Manas
CFPB Director Rohit Chopra focused on the interplay between appraisal management companies and how much appraisers are paid.
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Short Takes: Inventory Recovering / First-Time Homebuyer Share Increases / A&D Goes Bigger With Latest MBS / Republican Senators Call for Withdrawal of Capital Requirement Proposal

November 14, 2023
Brandon Ivey
The inventory of homes for sale was stronger than anticipated in October.
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Green Shoots: A Slight Improvement in GOS Margins

November 13, 2023
Paul Muolo
Rocket Mortgage posted a GOS of 276 basis points in the third quarter compared with 269 bps in the prior period...
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BTIG on FoA: Negative Tangible Net Worth an Issue

November 13, 2023
Paul Muolo
CEO Graham Fleming called the lender the "preeminent provider of modern retirement solutions focused on the home."
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Short Takes: Better Launches Mortgage-As-a-Service Platform / Redfin Says Now’s the Time to Buy / CoreLogic Debuts AR Appraisal Tool / Associated Bank Changes Consumer Lending Strategy

November 10, 2023
James Dohnert

Better and Infosys team on a mortgage-as-a-service product that they say will bring "unprecedented speed" to mortgage originations...


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Guild Stays Profitable in 3Q

November 9, 2023
James Dohnert

A gain-on-sale increase helped Guild boost its earning compared to the second quarter.


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Channel Shift Helped Expand Credit Box for FHA Loans

November 9, 2023
Brandon Ivey
The average credit scores for new originations of FHA mortgages declined somewhat after BofA and JPMorgan Chase ceased correspondent aggregation in the market.
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Short Takes: NAR Launches Flood Disclosure Tracker / TransUnion: Mortgage Balances Up / Realtor.com Aims to Educate Veterans / All-Cash Purchases on the Rise

November 9, 2023
James Dohnert
NAR says a FEMA proposal to mandate a flood disclosure form is unnecessary and would overly burden states. 
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FHFA Plans Changes for FHLBank System

November 8, 2023
Dennis Hollier
One key element of the review addresses the FHLBanks’ role in the string of regional bank failures last spring.
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