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Home » Topics » IMFnews » Originations

Originations
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A Sigh of Relief for Gain-on-Sale. However...

November 4, 2021
Paul Muolo
The reason loanDepot did so well: The company relies mostly on retail production where the profit margins are reliably fatter.
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A Strong Earnings Turnaround for Home Point as Firm Sells MSRs, Pays Dividend

November 4, 2021
Paul Muolo
The lender's gain-on-sale margin totaled 84 basis points compared to just 58 bps in the second quarter.
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Velocity Boosts Investment-Property Lending in Third Quarter

November 4, 2021
Brandon Ivey
Velocity's share price was up modestly Thursday, not too far from its 52-week high of $13.80...
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Pretium’s Purchase of Fix-n-Flip Lender Included a Huge Chunk of Whole Loans

November 3, 2021
Paul Muolo
Anchor was owned by Wafra Capital Partners...
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Underwriting Update: Freddie to Also Consider Rental Payment History

November 3, 2021
Dennis Hollier
The two mortgage giants have devised different strategies to make sure renters have a better chance of qualifying for a mortgage.
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NY to Apply CRA Requirements to Nonbank Residential Lenders

November 2, 2021
Brandon Ivey
The MBA warned that New York's new requirements for nonbank lenders are "unworkable."
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Trouble Ahead? An Unsightly Increase In Early-Stage Delinquencies

November 2, 2021
John Bancroft
The government-insured market was under more pressure...
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A Strong 3Q21 Showing for New Residential as GOS Heads North

November 2, 2021
Paul Muolo
At Sept. 30, New Residential valued its portfolio of mortgage servicing rights at $6.56 billion...
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Proposed GSE Housing Goals for Multifamily Causing Anxiety

November 2, 2021
Dennis Hollier
The proposal also includes a new area-based subgoal designed to reduce the likelihood that GSE purchases in low-income areas go disproportionately to higher-income borrowers.
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Banks Report Solid Gain in Mortgage Income in 3Q

November 1, 2021
John Bancroft
Although new originations and loan sales declined from the second quarter, many firms said gain-on-sale margins improved.
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