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Home » Topics » IMFnews » Originations

Originations
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Angel Oak (the REIT) Sees a Spike in Income as Non-QM Sector Heats Up

November 10, 2021
Brandon Ivey
Brandon Filson, AOM’s chief financial officer, said the company has the potential to generate returns of roughly 12% to 15% from whole loans...
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Prices for Non-QM Whole Loans are Robust. However…

November 10, 2021
Paul Muolo
One non-QM executive said he’s beginning to see whole-loan prices soften “a little.”
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Mods Keep FHA Ahead of VA in New Ginnie MBS

November 9, 2021
John Bancroft
Loan modifications played a big part in keeping the FHA program the top provider of Ginnie loans.
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UWM’s 3Q: Record Originations, Improved Earnings and a Swipe at its Competitors

November 9, 2021
Paul Muolo
The Pontiac, MI-based lender is forecasting 4Q originations of $52.0 billion to $60.0 billion and a GOS of 85 to 105 bps.
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Finance of America Swings to a Profit in Third Quarter

November 9, 2021
Brandon Ivey
While FoA is originating many more traditional mortgages than reverse mortgages, much of the lender's profits are coming from reverses...
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Chopra Mum on Potential Changes to the QM Rule

November 9, 2021
Sam Manas
When asked if he supported the new qualified mortgage rule, Chopra said, “I don’t know"...
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AmWest Funding Tops Expanded-Credit MBS Contributors in 3Q21

November 8, 2021
Brandon Ivey
Among the major contributors to expanded-credit MBS, Sprout and HomeXpress Mortgage had the biggest jumps in securitized loans...
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Ocwen Turns a Profit in Third Quarter

November 8, 2021
Brandon Ivey
Ocwen's MSR investments are ahead of schedule...
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Mortgage Hiring Up Ever So Slightly This Fall. However…

November 8, 2021
Paul Muolo
Lenders and brokers continue to maintain their payrolls, but staff reductions could be on the horizon...
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Dems Extend G-Fee Surcharge to Pay for Infrastructure Bill

November 8, 2021
Dennis Hollier
The 10 bps g-fee strip inaugurated in 2011 to pay for a temporary tax cut is set to enter its second decade, despite expiring more than a month ago.
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