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Home » Topics » IMFnews » Originations

Originations
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California Privacy Law Increased Costs for Mortgage Borrowers

May 3, 2023
Sam Manas
Academic researchers used data from the Home Mortgage Disclosure Act to examine the impact of the implementation of the California Consumer Privacy Act.
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Short Takes: Purchase-Mortgage Applications Down / Planet Looking for Retail Shops / FoA Turns to Ocwen / New MBS from Velocity

May 3, 2023
Brandon Ivey
Applications for refinances increased by 1.0% last week and applications for purchase mortgages declined by 1.0%.
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CFPB Finds PACE Loans Prompt Increase in Mortgage Delinquencies

May 2, 2023
Brandon Ivey
The regulator issued a proposed rule to set ability-to-repay standards for PACE loans.
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Short Takes: JPM, First Republic and Jumbos / Home Prices Increasing / Change in Non-QM Performance / Another Servicer Slated for Sale / Cook's Comp

May 2, 2023
Brandon Ivey and Paul Muolo
Chase isn’t going to follow First Republic’s jumbo-lending model.
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How Low Did 1Q Get? Just $290 Billion in Home Mortgages Funded

May 1, 2023
John Bancroft
The top three volume leaders in 1Q23: PennyMac Financial, United Wholesale Mortgage and Rocket Mortgage...
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The Battle Over LLPAs Continues, GOP Throws Its Marker Down

May 1, 2023
Dennis Hollier
Newly introduced legislation, if passed, would rescind FHFA's latest revisions to GSE pricing.
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PennyMac’s Profits Decline in First Quarter

April 28, 2023
Brandon Ivey
PennyMac's originations were essentially level in the first quarter, helping the lender become the largest producer in the industry.
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Redwood Sees Jumbo Opportunity as Banks Suffer

April 28, 2023
James Dohnert
Redwood Trust anticipates that more jumbos will flow through its conduit as liquidity becomes a significant concern for some regional banks.
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Mortgage Business at NYCB (Flagstar) Improves in First Quarter

April 28, 2023
Brandon Ivey
More originations, an improvement on margins and an increase in income from servicing at NYCB.
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FHA Gaining Popularity Among Borrowers, Home Sellers

April 28, 2023
Monica Hogan
Both purchase-mortgage borrowers and home sellers are increasing their acceptance of FHA mortgages.
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