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Home » Topics » IMFnews » Originations

Originations
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FHFA Looks to Facilitate Shared Equity Loan Programs

September 26, 2023
Brandon Ivey
Activity by Fannie Mae and Freddie Mac involving shared equity loan programs has been limited to this point and the FHLBanks are currently prohibited from acquiring mortgages in shared equity programs.
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Climate Risk Weighing on Mortgage Market

September 26, 2023
Monica Hogan
Aretreat by the home insurance industry changes the risk environment of FHA’s mortgage insurance program.
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Short Takes: Home Prices Tick Up / Big Gains in Florida / Empathy Versus Cost Cutting / Private Equity Firm Buys NPLs From Freddie

September 26, 2023
Brandon Ivey
Home prices increased by 0.8% on a monthly basis in July.
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Lenders Look to Alt-Doc Mortgages

September 25, 2023
James Dohnert
Alt-doc products include asset depletion, asset utilization, trust income, bank statements and letters from certified public accountants.
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Short Takes: Delinquency Trends Could Turn / Affordability at Lowest Point in Decades / How Much is a Multifamily Business Worth?

September 25, 2023
Brandon Ivey
Delinquency rates may be nearing cycle lows...
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More Borrowers Possible With CFPB Change on Medical Debt

September 22, 2023
Brandon Ivey
The CFPB plans to propose a rule in 2024 that would lead to the removal of medical bills from credit reports.
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Bank Capital Requirement Proposal Would Squeeze Nonbanks

September 22, 2023
Brandon Ivey
There's an interplay between how the proposal would impact larger banks and the effects on nonbank mortgage companies.
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Short Takes: Boost From ‘Higher for Longer’? / Silver Lining in Slow Originations / Ginnie Officials in Asia

September 22, 2023
Brandon Ivey
Interest rates could stay for higher than longer than previously expected...
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Guaranteed Rate Touts 24/7 Service From LOs

September 21, 2023
Brandon Ivey
Guaranteed Rate is telling mortgage applicants that its loan officers are "always on" thanks to a new LOS app.
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Short Takes: Rate Hikes Paused / Better Days Ahead / Renting Cheaper Than Buying

September 21, 2023
Brandon Ivey
The Fed didn't touch interest rates Wednesday but suggested that another increase in rates is likely this year.
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