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Home » Topics » IMFnews » Originations

Originations
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Short Takes: Recession Coming / Fannie Adjusts Home Price Expectations / Interest Rates Too High

April 21, 2023
Brandon Ivey
A modest recession is likely in the second half of 2023, according to economists at Fannie Mae.
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A Slight Increase in Share for Private MIs in First Quarter

April 20, 2023
Namrata Bhatia
The private MI share of purchase mortgages with primary mortgage insurance hit 48.4% in the first quarter of 2023.
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FHFA to Codify Existing Fair Housing Directives

April 20, 2023
Dennis Hollier
The rulemaking process will help make current policy more durable, reducing the likelihood future administrations reverse existing fair housing regulation.
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Acra, Angel Oak Seeing Positive Developments in Non-QM

April 20, 2023
Paul Muolo
Interest rate trends and industry consolidation are tailwinds for big players in the non-QM market.
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Remote Work for MLOs Extends Beyond Pandemic

April 20, 2023
Monica Hogan
Montana will become the latest state to codify the authorization for remote work for mortgage company employees, effective July 1.
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Short Takes: UWM Working to Reduce Trigger Leads / Chase Brings Jumbo MBS / PIMCO Stocks Older Non-QMs in MBS

April 20, 2023
Brandon Ivey
Brokers working with UWM can now decide when they want to pull the hard credit report...
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A Decline in Home Lending for US Bank, Applications Spike

April 19, 2023
Paul Muolo
At March 31, USB’s “servicing for others” portfolio totaled $241.7 billion and had an asset value of 154 basis points.
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Originations Steady at Western Alliance in First Quarter

April 19, 2023
Brandon Ivey
Western Alliance Bank's profits declined in the first quarter after asset sales similar to those that brought down Silicon Valley Bank.
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Short Takes: Applications Decline / Foreclosures Tick Up / LendingOne to Expand Wholesale

April 19, 2023
Brandon Ivey
Mortgage demand declines as interest rates increase...
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Mortgage Complaints to CFPB Up Sharply in Early 2023

April 18, 2023
Andras Malatinszky
Complaints submitted to the CFPB regarding mortgages had declined steadily throughout 2022.
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