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Home » Topics » IMFnews » Originations

Originations
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‘Noncore’ Share of GSE Activity Declining

August 3, 2023
James Dohnert
The core share of GSE activity increased to 81.2% in the first quarter, up from 79.4% in the previous quarter.
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MFA Falters in the Second Quarter

August 3, 2023
James Dohnert
Despite a strong quarter for originations, MFA Financial recorded a loss in the second quarter of the year.
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Mixed Results for Black Knight, ICE in Second Quarter

August 3, 2023
Brandon Ivey
The mortgage market was "weaker than expected" in the second quarter, according to Black Knight's executive chairman.
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Freddie's Profits Increase Thanks to Home Price Gains

August 2, 2023
Dennis Hollier
Higher home prices allowed the enterprise to shift from a $395 million provision for credit losses in the first quarter to a $537 million benefit in the second.
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Profits Jump at Rithm; Capital Requirements a Tailwind

August 2, 2023
Brandon Ivey
The real estate investment trust expects to benefit from higher capital requirements for large banks.
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Sterling Bank Moving Past Non-QM Troubles

August 2, 2023
James Dohnert
Fraud in a non-QM program nearly toppled Sterling Bank and Trust.
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Short Takes: Applications Decline / Ishbia: CFPB is Great / Fitch Downgrades US / Credit Union Groups to Merge

August 2, 2023
Brandon Ivey
Applications for purchase mortgages fell to a level last seen in early June.
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Home Price Growth Buoys Fannie Earnings

August 1, 2023
Dennis Hollier
The mortgage giant saw a $132 million first-quarter provision for losses shift to a $1.22 billion benefit in the second.
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Congress Divided on HUD Funding for FY 2024

August 1, 2023
Monica Hogan
The House is seeking lower funding levels for HUD and a September deadline is fast approaching.
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Short Takes: Trade Groups Win Against CFPB / Sale on Non-QMs / A Mortgage and Life Insurance

August 1, 2023
Brandon Ivey
ABA and Texas ABA members win a delay on compliance with the CFPB's data collection requirements on small business lending.
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