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Home » Topics » IMFnews » Originations

Originations
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FHFA: What To Do About Short-Term Rentals?

May 10, 2021
Dennis Hollier

The RFI appears to be in response to long-standing complaints about how the GSEs deal with properties that earn an income by providing transient housing...


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The Unthinkable: Some Originators Lost Money in March

May 10, 2021
Paul Muolo

Joe Garrett: “Companies that don’t seem to get too agitated about the occasional loss, and we’ve seen too many of them, seem to have more and larger losses than those companies that are obsessive about not losing money.”


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AmWest Top Contributor to Expanded-Credit MBS in First Quarter

May 10, 2021
Brandon Ivey

AmWest originates a variety of loans through all three lending channels, with an emphasis on TPO...


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Income and Originations Decline at PennyMac in First Quarter

May 7, 2021
Brandon Ivey

PennyMac's income fell by 17% on a sequential basis in the first quarter, originations declined by 3.5% while the nonbank's servicing portfolio grew by 5.2%.


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Another Loss for Impac, Firm ‘Reengages’ with Non-QM Market

May 7, 2021
Paul Muolo

Personnel expenses at Impac increased 12.8% to $14.9 million...


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The M&A Train Has Arrived. How Far Will It Go?

May 7, 2021
Paul Muolo

Among those looking to buy: private-equity firms...


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New Fannie/Freddie Purchase Limits a Mixed Bag for the Non-Agency Market

May 7, 2021
Brandon Ivey

The shift is tied to GSE PSPA amendments, which came in January...


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Blood Boils Regarding Fed Chair's Stance on NBs and CRA

May 6, 2021

Powell didn’t mince words: "You see activities that had once been principally the province of banks moving into the nonbank sector."


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MFA to Acquire Business-Purpose Lender Lima One

May 6, 2021
Brandon Ivey

MFA already owned a minority stake in Lima One.


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Rocket Posts Strong Results for 1Q21 but Share Price Gets Clobbered

May 5, 2021
Paul Muolo

One bit of positive news: the company marked up the asset value of its MSRs by a stunning $1.44 billion to $4.31 billion, a 50.3% sequential improvement.


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