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Home » Topics » IMFnews » Originations

Originations
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Grapevine: Battle of the Mortgage Titans / Better

August 11, 2022
Paul Muolo
UWM outearned Rocket in the second quarter, but mortgage banking is a nine-inning game. Meanwhile, not only is Better.com struggling, so is its chief benefactor, SoftBank.
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UWM’s Ishbia Throws Down the Gauntlet: ‘We Control the Margins’

August 11, 2022
Brandon Ivey
When it comes to GOS, UWM's Mat Ishbia says he's running the table...
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LoanDepot Discloses Warehouse Waivers, Raises the Specter of Reorganization

August 11, 2022
Paul Muolo
The company, ranked seventh by Inside Mortgage Finance, is not alone when it comes to warehouse waivers being granted.
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FHFA: Servicers Must Maintain Fair Housing Data

August 11, 2022
Dennis Hollier
Fannie/Freddie servicers must collect age, race, ethnicity and language preference data from borrowers.
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A Brutal Quarter for loanDepot: A Large Loss, Layoffs, Wholesale Shuttered

August 10, 2022
Paul Muolo
The California-based lender/servicer went public at $14.00 a share in February 2021...
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The Key, Perhaps, to an FHA Premium Cut: The FCRA

August 10, 2022
Monica Hogan
FHA Commissioner Julia Gordon said, “Read the Federal Credit Reform Act.”
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Nonbanks Turn to Home-Equity Products, Other Alternatives

August 10, 2022
Brandon Ivey
Raymond James' MGD John Toohig said he received more calls about home-equity lines of credit in July than he had in his entire career.
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Short Takes: Better Troubles? / The SoftBank Question / A $750 Million Loan / Dumping SoFi Shares / #34 and Slipping

August 10, 2022
Paul Muolo
A large loan to Better.com from SoftBank is something to keep an eye on...
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Lower Profits for Nation's #3 Originator, UWM. MSRs Bolster Weaker Originations

August 9, 2022
Brandon Ivey
UWM's gain-on-sale margin totaled 99 basis points in the second quarter. Management estimates a GOS of 30 bps to 60 bps in 3Q22...
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HUD Explores Expanding CDFI Access to Ginnie Mae

August 9, 2022
Monica Hogan
The task force is looking at administrative actions it can take to boost CDFI participation in the Ginnie Mae program...
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Latest Imf News

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Featured Data

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