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Home » Topics » IMFnews » Originations

Originations
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A 1Q Earnings Gain for Rocket. Reason: (You Guessed It) MSR Mark Ups

May 11, 2022
Paul Muolo
Rocket's MSRs accounted for 25.4% of its asset base at March 31 compared to 16.4% at yearend.
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FHFA Has Plenty to Ponder on Eligibility Proposal

May 11, 2022
Dennis Hollier
SFA raised concerns about how the appropriate net worth, capital and liquidity requirements for seller/servicers are calculated.
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loanDepot’s Stock Crushed After 1Q Loss, Production Outlook Weak

May 10, 2022
Brandon Ivey
loanDepot's originations and servicing segments suffered in the first quarter amid rising interest rates.
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UWM Taps the MSR Markup ‘Well’ and Reports a Strong Profit for 1Q

May 10, 2022
Paul Muolo
UWM anticipates second quarter production of $26.0 billion to $33.0 billion and a GOS of 75 to 99 bps.
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As Volumes Drop, Some Mortgage CEOs Take Home Less Pay

May 10, 2022
Paul Muolo
During the first quarter, Fairway transferred roughly $5.8 billion of mortgage servicing rights to new owners...
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Former Freddie CEO Suggests Some Price Gouging was Occurring During the Pandemic

May 10, 2022
Dennis Hollier
In a recent blog posting, the former Freddie chief used MBA profitability data to make his argument...
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As Deliveries Decline, GSE Seller/Servicers Loosen the Credit Box

May 9, 2022
Dennis Hollier
All of the top 10 GSE sellers saw their deliveries decline both sequentially and year to date.
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Mining for Mortgages in the Metaverse: Foolishness or Something Else?

May 9, 2022
Sam Manas
Rocket Mortgage, the nation’s top originator, has information about digital real estate on its website but...
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The Tea Leaves: April MBS Issuance Continues the Downward Trend

May 6, 2022
John Bancroft
April MBS issuance volume, which reflects originations, was the lowest monthly output since March 2020, just before the Fed launched a historic surge in refi activity.
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The Mortgage M&A Wheel Begins to Turn

May 6, 2022
Paul Muolo and Brandon Ivey
What are conventional and government production networks worth these days? Probably not much...
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