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Home » Topics » IMFnews » Originations

Originations
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HECM Production Remains Elevated in 1Q21

June 21, 2021
American Advisor Group was once again the top HECM lender in the nation, originating $1.17 billion of product in 1Q21...
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FHA Loosens Requirements for Borrowers with Student Loans

June 21, 2021
The Community Home Lenders Association: “This is a boon to younger families and individuals saddled with student loan debt that want to buy a home.”
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GSE-Eligible Loans See Fast Turn Times in Non-Agency MBS

June 21, 2021
Brandon Ivey

After dabbling as a non-agency MBS issuer in 2018 with two deals, loanDepot is now sharply increasing its presence in the sector...


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Wall Street to FHFA Regarding IL/SH Caps: Thanks

June 18, 2021
Paul Muolo
When one (cash) window closes, another opens...
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Notable: Quick Turn Times for New Prime Non-Agency MBS

June 18, 2021
Brandon Ivey
“In 10 states, our purchases already equal or exceed amounts in those geographies in each of 2018 and 2019,” Redwood said of its acquisitions of jumbos in 2021. “Loan purchases in these 10 states represent almost 30% of our year-to-date 2021 volume.”
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Mortgage Industry Facing a Rise in Cyberattacks

June 18, 2021
Mitch Tanenbaum, chief information security officer at Turnkey Cybersecurity and Privacy Solutions, said small to medium-sized shops with no infrastructure to combat such assaults have been the most susceptible.
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Short Takes: Ocwen Strikes Again in M&A / Expanding Its Reverse Universe / (Recent) Past Deals / Denial Rates Released Via HMDA / New Hires for Deephaven Mortgage

June 18, 2021
Paul Muolo
Ocwen has its check book out. Who's next on its buying ist?
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Angel Oak REIT Scales Back IPO Offering

June 17, 2021
Brandon Ivey and Paul Muolo
Originally, the Atlanta-based firm, hoped to sell 8.05 million shares of common at a range of $20.00 to $21.00 per unit.
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Short Takes: The $40B A Month Habit Will Continue / Inflation? Ha! / CFPB Makes Announcement, Trouble Ahead for VA Lenders? / A New Correspondent Chief for GHMC

June 17, 2021
Lisa Burden and Paul Muolo
No Fed rate hikes until 2023? Sure, why not...
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Fannie Negotiating With Seller/Servicers on Investor-Loan Cap. Some Told 3% is the New Normal?

June 16, 2021
Paul Muolo and Dennis Hollier
A Fannie spokesman said the mortgage giant, at this time, is not instituting a specific broad based 6% cap but...
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