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Home » Topics » IMFnews » Originations

Originations
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Industry Nears Third Year of Disruption as Omicron Variant Surges

January 7, 2022
Monica Hogan
Citigroup, a top-30 player in mortgages, has become the first megabank to impose a strict Covid-19 vaccine mandate: Get a shot or you're fired.
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Agencies Set Annual Record In 2021 Despite a Slower 4Q

January 6, 2022
John Bancroft
Time to celebrate: Annual agency MBS issuance rose 10.1% from 2020 to a record $3.471 trillion in 2021.
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GAO Voices Concerns on Appraisal Exemptions

January 6, 2022
Brandon Ivey
When lenders opt for an evaluation rather than an appraisal, they often use AVMs...
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Short Takes: Higher LLPAs for IPLs? / Who Benefits? / Paying Off Expensive Debt / Cashing Out of The Tree / Bank LO Veteran Joins NB in Boston

January 6, 2022
Monica Hogan
It's a new year and that means LO recruiting season is under way...
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FHFA Hikes LLPAs On Second-Home and High-Balance Loans

January 5, 2022
Dennis Hollier
Industry consultant Mark Goldhaber: "At least it's a step in the right direction."
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Texas Depository Buys a $2.1 Billion Originator

January 5, 2022
Paul Muolo
TPP has several sister banks and is a subsidiary of Southwest Bancshares...
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ARM Production Increases, But Don't Get Too Excited...

January 5, 2022
Brandon Ivey
The top five ARM lenders through the first nine months of 2021: Bank of America, Chase, Wells Fargo, First Republic and Citigroup...
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CFPB’s Chopra Stresses the Battle Against AI and Lending Discrimination

January 5, 2022
Sam Manas
The CFPB believes technology, to some degree, can help remove bias, but black box underwriting algorithms are not necessarily creating a more level playing field...
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Lenders, Trade Groups Favor NMLS Modernization Plan

January 4, 2022
Sam Manas
Freedom, the nation's seventh largest originator, said modernization needs a buy-in from all states.
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Mortgage Banking Results Mixed at Banks and Thrifts

January 4, 2022
John Bancroft
A significant factor was the entry of Western Alliance Bank into mortgage banking after its acquisition of nonbank AmeriHome Mortgage...
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