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Home » Topics » IMFnews » Originations

Originations
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Plush with Stunning Profits, Mortgage Firms Boost Donations

April 23, 2021
Lisa Burden

Lenders both large and small are giving back to their communities. Credit the refi boom of 2020?


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Mortgage IPO Window Closed? Not for Tech Disruptors...

April 23, 2021
Paul Muolo

For now, Blend's IPO documents are confidential. But eventually its financials will hit the street.


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Calabria Acknowledges ‘Pinch’ on NOO/Second-Home Market Caused by Reg Change

April 22, 2021
Dennis Hollier

FHFA chief Mark Calabria: “The reality is that, in the short run, there will be a pinch on the market, if you will."


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Agency MI Market Retrenches in 1Q but Remains Robust Overall

April 22, 2021
John Bancroft

Sales of purchase loans with private MI coverage fell 21.7%, while Ginnie recorded somewhat more modest declines in FHA (16.0%) and VA (18.0%) volume.


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Ocwen Will Pay a ‘Modest’ Premium for Texas Capital’s MSRs

April 22, 2021
Paul Muolo

For Ocwen, the acquisitions represent a chance to grow its lending business and bolster its MSR portfolio.


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Critics Rehash (and Trash) Utility Model for Fannie and Freddie

April 21, 2021
Dennis Hollier

One big rah-rah fan of the GSE utility model is the National Association of Realtors...


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Happy Days are Here Again: Rates Fall, Applications Rise

April 21, 2021
Paul Muolo

The tide has turned on new loan applications, at least for now...


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Mortgage Back-Office Workers Cease Huge Salary Demands?

April 20, 2021
Paul Muolo

One headhunter, requesting anonymity, said experienced underwriters are no longer commanding salaries approaching $120,000 per year, though some aren't afraid to ask...


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CFPB: Tenants Must Be Provided with Written Notice of Rights Under Eviction Moratorium

April 20, 2021
Lisa Burden

The rule “puts some real teeth behind the CDC’s COVID eviction moratorium,” according to Adam Levitin, a Georgetown Law School professor. He added that “some jurisdictions seem to be taking the CDC moratorium as merely advisory, rather than as binding law.”


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It’s Official: Genworth MI Files an S-1. Parent Will Get All of the Proceeds

April 20, 2021
Paul Muolo

Genworth Mortgage: "Following this offering, we will be a 'controlled company' within the meaning of the NASDAQ rules as our parent will continue to own, through GHI, more than a majority of the total voting power of our common stock."


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