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Home » Topics » IMFnews » Originations

Originations
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As Lenders Cut Heads, a Migration to Loan Brokerage Shops?

March 4, 2022
Paul Muolo
"Massive" layoffs by mortgage bankers? That's how one CEO sees it...
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Where's the Mortgage M&A Boom?

March 4, 2022
Paul Muolo
One advisor said he’s not seeing much activity out there right now, but offered: “That doesn’t mean much — there may be a bunch of deals on the horizon.”
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Refis Down 7.4% in 4Q, Purchase Lending Down Even More

March 3, 2022
John Bancroft
The top three purchase-money lenders in 2021: PennyMac Financial Services, UWM and Wells Fargo...
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A $1.3 Billion Loss for Blackstone-Financed FoA

March 3, 2022
Paul Muolo
Grubstaked by The Blackstone Group, FoA became a public company at $10.00 a share...
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As Regulators Focus on Nonbanks, A Turf War May Emerge

March 3, 2022
Brandon Ivey
On the horizon: a possible regulatory turf war...
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‘One Company, One Exam’ Pilot Faces Challenges

March 2, 2022
Rocket, the nation’s largest residential lender, received a 15-month moratorium on state exams in exchange for participating in the program.
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JPMorgan Unveils Details on 5-Year Plan to Bolster Minority Homeownership

March 2, 2022
Monica Hogan
JPM, which ranks fifth among all residential originators, will give “philanthropic" capital over three years to help five organizations scale their efforts...
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The Tea Leaves: Issuance of GSE MBS Falls to 23-Month Low

March 1, 2022
John Bancroft
The GSEs issued “only” $137.8 billion of single-family mortgage securities in February, down 23% from January...
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Earnings and GOS Decline at UWM, Share Price Gets Smacked

March 1, 2022
Brandon Ivey
UWM recognized a $139.0 million decline in fair value of its MSRs. At year-end, the company's portfolio had a weighted-average coupon of 2.94%.
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An Earnings Slide for Rocket but Company Declares Special Dividend

February 25, 2022
Paul Muolo
To date, Rocket has repurchased 20.7 million shares at an average price of $15.08 a unit...
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Latest Imf News

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