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Home » Topics » IMFnews » Originations

Originations
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Correspondent Channel Gains Share Even with Wells’ Exit

May 26, 2023
John Bancroft
Wells reported just $980 million in correspondent production in the first quarter, effectively leaving about $4.5 billion on the table for others.
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Colonial Savings to Cease Offering Mortgages

May 26, 2023
Brandon Ivey
The depository institution started offering mortgages in 1952.
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Ginnie Working to Increase Participation by Smaller Lenders

May 26, 2023
Monica Hogan
Ginnie is expanding a working partnership with the Federal Home Loan Bank of Chicago.
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Chase Sees Plenty to Like in First Republic’s Business

May 26, 2023
James Dohnert
Chase leadership anticipates building strong relationships with the affluent borrowers that First Republic garnered throughout its 38-year existence.
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Short Takes: GSE Ratings on Downgrade Watch / Interest Rates Rise / Non-QM Performance Choppy

May 26, 2023
Brandon Ivey
The ratings of the GSEs are linked to ratings for the U.S., which are also on watch for downgrade amid an approach to breaching the debt ceiling.
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Higher-Priced Mortgage Volume Ticks Up in 2022

May 25, 2023
James Dohnert
Non-agency higher-priced mortgages are a proxy for subprime loans.
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CFPB Confirms It’s Worth Shopping for a Mortgage

May 25, 2023
Brandon Ivey
The CFPB found a wide range of interest rates on mortgages originated in 2021 among the top 20 lenders.
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FHA Welcomes Increased Condo Lending

May 25, 2023
Monica Hogan
FHA last updated the rules for its condo approval process in late 2019 and encourages feedback from industry.
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Short Takes: New Jumbos From United Wholesale / A Sliver of Hope for Home Sales / AAA Rating at Risk

May 25, 2023
Brandon Ivey
United Wholesale Mortgage now offers six fixed-rate options for jumbo mortgages.
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FHA, VA Lending Slows Further in First Quarter

May 24, 2023
Monica Hogan
Both purchase-mortgage originations and refis declined at FHA and VA in the first quarter.
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