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Home » Topics » IMFnews » Originations

Originations
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Agency Share of MI Activity Increases in Fourth Quarter

February 16, 2024
John Bancroft
New originations of loans with primary mortgage coverage fell off in the fourth quarter, with private mortgage insurers getting squeezed the most.
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Fed Offers HMDA Compliance Tips

February 16, 2024
Shannon Clark
The Fed provided a list of “sound practices” for HMDA reporting, including recommending oversight by the bank’s board and senior management, standardized processes and training.
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Short Takes: Government Servicing Effort at MISMO / Housing Activity Slows / How Do Escrows Work? / Ratings for RTL Securitization / Publishing Break

February 16, 2024
Brandon Ivey
FHA, VA, Ginnie Mae and USDA are working with MISMO on a new servicing dataset.
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Profits Decline at Fannie in Fourth Quarter

February 15, 2024
Brandon Ivey
For the full year, Fannie's net income hit $17.41 billion, up 34.7% from 2022.
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CHLA Calls on Credit Bureaus to Reduce Prices for Soft Pulls

February 15, 2024
Brandon Ivey
The Community Home Lenders of America called on the major credit bureaus to reverse fee increases for soft credit pulls.
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Bank Income From Mortgage Operations Down in 4Q

February 15, 2024
John Bancroft
Among 27 publicly owned banks, 20 saw income fall in the fourth quarter, and five recorded losses for the period.
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Congress Ponders Risks From AI in Housing Market

February 15, 2024
Monica Hogan
Congress must examine AI carefully, to determine “whether AI is extending and reinforcing biases, and how it has the potential to correct them,” according to Sen. Tina Smith, D-MN.
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Short Takes: Higher for Longer / Home Prices Increase / Homeowner Tenure Levels Off / HECM MBS From Ocwen

February 15, 2024
Brandon Ivey
Mortgage industry participants are making projections on when "higher for longer" turns in to rate cuts by the Fed.
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Freddie’s Single-Family Income Increases in Fourth Quarter

February 14, 2024
Brandon Ivey
The single-family segment accounted for 91.4% of total net income at Freddie in the fourth quarter.
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Deliveries to GSEs Down 8.4% in January

February 14, 2024
Dennis Hollier
Lenders delivered $41.06 billion of loans to Fannie Mae and Freddie Mac in January.
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