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Home » Topics » IMFnews » Originations

Originations
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Mortgage Complaints to CFPB Down in Second Quarter

July 25, 2023
Sam Manas
Complaints declined by nearly 30% compared with the first quarter.
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Federal Agencies Placing Emphasis on Housing Equity

July 25, 2023
Monica Hogan
A DOJ official suggests that more redlining cases are coming...
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Short Takes: House Prices Tick Up / Pulte Boosts Originations / MSR Offerings From MIAC

July 25, 2023
Brandon Ivey and Paul Muolo
The average house price increased by 0.7% on a monthly basis in May...
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Short Takes: New Home Purchases Up 26.1% / Former First Republic Private Client Banking Teams Join Flagstar / Home Prices Up 2.1% / First Horizon Launches a Podcast

July 21, 2023
James Dohnert
The MBA reports that new home purchases up 26.1%; Six First Republic private client banking teams join Flagstar; Redfin finds home prices are up 2.1% year-over-year; First Horizon announces new client-focused podcast.
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Higher Capital Requirements Would Flow to Interest Rates

July 20, 2023
Brandon Ivey
Banks will look to pass the expense of higher capital requirements for mortgages onto borrowers, M&T Bank's CFO noted.
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No Formal Definition of ‘Junk Fees,’ Only Examples

July 20, 2023
Sam Manas
McGlinchey Stafford attorney Jim Sandy said in an interview with Inside the CFPB that potential defenses against enforcement actions and private litigation have begun to emerge.
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Non-QMs Attractive Investments for Life Insurers

July 20, 2023
James Dohnert
The growth is partly due to improved dynamics between life insurers and mortgage partners.
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Short Takes: Standards for Fee Names / Originations Weaker Than Expected / Cash Share of Home Sales Declines / Supply and Demand

July 20, 2023
Brandon Ivey
MISMO provided some standards for nearly 200 fees that a borrower could see on a Loan Estimate form.
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Despite Home Lending Gains, Layoffs at U.S. Bank

July 19, 2023
Paul Muolo
Second quarter mortgage banking revenue at USB came in at $161 million compared to $128 million in 1Q23.
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BofA CEO Pushes Back on Capital Requirements

July 19, 2023
Brandon Ivey
Banks have enough capital, according to Brian Moynihan, chair and CEO of Bank of America.
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