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Home » Topics » IMFnews » Originations

Originations
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UWM Brings Back 1% Down Loans

April 12, 2023
Dennis Hollier
The revived program means United Wholesale Mortgage will eat 2% of the home price (up to $4,000) in the form of downpayment assistance.
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Short Takes: Sen. Scott's Housing Policy / HUD Extends Forbearance Deadline for Native Americans / NAR Economist Pushes End of QT

April 12, 2023
Dennis Hollier and Monica Hogan
Republican Sen. Tim Scott begins his presidential campaign by making a housing policy statement.
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Mortgage Layoffs Accelerated in February

April 11, 2023
Paul Muolo
With interest rates falling in recent weeks, the origination market has perked up a bit, but...
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Agency MBS Issuance Slides Further in First Quarter

April 7, 2023
John Bancroft
It was the ninth straight quarterly decline for agency MBS issuance.
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Ouch: Originations Unprofitable in 2022

April 7, 2023
Brandon Ivey
2022 marked the first year that net production was negative for the full year since the MBA started its performance survey in 2008.
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Some Lenders Closing Instead of Selling

April 7, 2023
Paul Muolo
If the price isn't right, some owners are closing shop rather than selling their company.
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Congress Urged to Modernize Flood Insurance Program

April 7, 2023
Monica Hogan
The NFIP has seen two lapses and nearly two dozen short-term extensions since 2016.
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Short Takes: Purchase Mortgage Volume Constrained / Jobs Numbers Suggest Rate Hikes Over / CrossCountry Joins Freddie’s SPCP / New Reverse Mortgage Lender

April 7, 2023
Brandon Ivey
Relatively low interest rates don't help much if there aren't many homes for sale.
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GSEs Update Equitable Housing Finance Plans

April 6, 2023
Dennis Hollier
At the direction of the Federal Housing Finance Agency, Fannie and Freddie tweaked their efforts to address equity issues for minority homebuyers and renters.
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AI Shows Promise for Mortgage Industry

April 6, 2023
Sam Manas
ChatGPT and similar artificial intelligence offerings can be used to improve efficiencies at mortgage companies.
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