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Home » Topics » IMFnews » Originations

Originations
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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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Non-QM Lenders Looking to Hire

May 24, 2023
James Dohnert
While business is slow in most of the mortgage market, some non-QM lenders are anticipating a busy second half of 2023.
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Short Takes: Applications Decline / ABA Calls for GSE Legislation / Second-Lien Securitization / Risky Areas

May 24, 2023
Brandon Ivey
Demand for mortgages declined as interest rates ticked up.
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First Republic Topped Jumbo Lenders Before Demise

May 23, 2023
James Dohnert
For years, Wells Fargo and JPMorgan Chase were the largest originators of jumbo mortgages.
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Thompson: GSE Pricing Grids Were Outdated

May 23, 2023
Brandon Ivey
Thompson was the sole witness at a hearing by the House Financial Services Committee.
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Sharp Differences in FHA, Private MI Business

May 23, 2023
Monica Hogan
There's some competition between FHA and private mortgage insurance companies, though much of their business is focused on different sets of borrowers.
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Short Takes: Freddie Offers Automated Paystub Assessment / ‘Soft’ Credit Pulls From Blend / Non-QM MBS From Ares / Fintech Enters Warehouse Sector

May 23, 2023
Brandon Ivey
The GSE says the addition to its income assessment tool will expand access to credit.
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