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Home » Topics » IMFnews » Originations

Originations
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Short Takes: Applications for Purchase Mortgages Increase / Delinquencies Rising / Non-QMs Falter / New Expanded-Credit MBS

January 24, 2024
Brandon Ivey
Purchase-mortgage applications increased even as interest rates inched up.
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Fannie Warns of Appraisal Fraud in Texas, Florida

January 23, 2024
Dennis Hollier
The government-sponsored enterprise said it has identified a significant number of fraudulent appraisals tied to mortgages originated between 2021 and 2023.
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loanDepot Unsure of ‘Material’ Impact Tied to Recent Computer Hack

January 22, 2024
Paul Muolo
The cyberattack on loanDepot occurred in early January but the company is unsure of material losses...
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Share of Agency Business With MI Rises in 2023

January 19, 2024
John Bancroft
The primary MI share in the agency market rose from 50.4% in 2022 to 62.9% in 2023.
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CHLA Calls for Maintaining Tri-Merge Credit Score Process

January 19, 2024
Brandon Ivey
If the government-insured mortgage programs don't follow FHFA in shifting to a bi-merge process, then it's not worth making the switch for GSE loans, according to CHLA.
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Warehouse Lender Sees Tough Times Ahead

January 19, 2024
Brandon Ivey
"Our expectation remains that the next quarter will be amongst the toughest the industry has seen in the last 15 years," said Matt Scurlock, a managing director and chief financial officer at Texas Capital Bank.
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Short Takes: loanDepot Brings Systems Online / New Downpayment Assistance Programs / Flurry of Non-Agency MBS

January 19, 2024
Brandon Ivey
Many of loanDepot's consumer-facing websites went back online Thursday.
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FHA/VA Lenders Prep for More Volume

January 18, 2024
Monica Hogan
Home sellers are now more willing to consider bids tied to FHA and VA mortgages.
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Short Takes: Rate Locks Decline / List of Assumable Mortgages / Mortgage Matchup / Few Home Sales in CA

January 18, 2024
Brandon Ivey
Rate locks declined by 14% on a monthly basis in December, driven by fewer locks for purchase mortgages.
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Slight Decline in Mortgage Earnings at U.S. Bank

January 17, 2024
Brandon Ivey
U.S. Bank generated $137 million in mortgage-banking revenue in the fourth quarter, down 4.9% from the third quarter.
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