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Home » Topics » IMFnews » Originations

Originations
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Chase Helping to Boost Second-Lien Securitization

June 28, 2023
Paul Muolo
Issuance of securitizations with second liens in 2023 has already surpassed the volume seen in all of 2022.
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First-Time Homebuyers Facing Challenges

June 28, 2023
Monica Hogan
A household would need an annual income of $117,000 to afford a median-priced home, 20% more than a year earlier.
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Short Takes: Applications Up Slightly / New Non-QMs at UWM / Chase Expands Grant Offering / TX Bank to Resume Lending / Angel Oak REIT’s MBS

June 28, 2023
Brandon Ivey
Purchase mortgage application levels are still well below the activity seen at this time last year.
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Mortgage Securitization Rate Continues Slide

June 27, 2023
John Bancroft
As originations decline, the securitization rate shrinks.
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Lenders Critical of Proposal on NMLS Reporting Requirements

June 27, 2023
Sam Manas
The proposed standards would create uniform requirements for mortgage companies licensed through the NMLS.
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Short Takes: Home Prices Tick Up / FHA to Require SCIF / Broeksmit on Warehouse Lenders / Capital Requirements

June 27, 2023
Brandon Ivey
Home prices increased again on a monthly basis in April.
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Banks Lose More Market Share in First Quarter

June 23, 2023
John Bancroft
The nonbank share of mortgage originations is moving closer to where it was during the pandemic refi boom.
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Coalition of Trade Groups Seek Slower Transition on Credit Scores

June 23, 2023
Brandon Ivey
Currently, FHFA plans to modernize credit score usage by Fannie Mae and Freddie Mac in two phases, with full implementation scheduled for the fourth quarter of 2025.
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Trade Groups Continue to Fight GSEs' Condo Rules

June 23, 2023
Dennis Hollier
Lenders, Realtors and community associations team up to fight restrictions put in place following the condo collapse in Surfside, FL.
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Correspondent Share of Jumbo Lending Declines

June 22, 2023
James Dohnert
The retail channel gained market share in the jumbo sector as Wells retreated from correspondent lending.
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