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Home » Topics » IMFnews » Originations

Originations
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GSE Business Volume Rock Solid in 1Q21 but Off From Fourth Quarter

April 5, 2021
John Bancroft

The first quarter of 2021 still ranked as the second-highest quarterly volume for the two GSEs...


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Short Takes: The Falling Forbearance Rate… / Play Ball / A Warehouse Securitization / A New Entrant to Non-QM Lending / FoAM Buys Benji

April 2, 2021
Paul Muolo and Brandon Ivey

For the week ending March 30, the relief count dropped by 33,000 units. Key point: Forbearance starts fell to their lowest weekly volume (30,000) since the beginning of the pandemic…


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One More Mortgage IPO: Blackstone’s Mortgage Unit Starts Trading Monday

April 2, 2021
Paul Muolo

More gas left in the mortgage IPO tank? Some...


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HECM Production Down in 4Q but Otherwise Had a Banner Year

April 1, 2021
Maria Volkova

In 2020, American Advisors Group was the top reverse mortgage originator in the U.S., with $4.09 billion...


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Securitization Claims Higher Share of Mortgage Market

April 1, 2021
John Bancroft

Fun fact: Ginnie Mae regularly captures 95% or more of new FHA and VA loan production...


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Eyeing Higher Margins, Impac Returns to Non-QMs

April 1, 2021
Brandon Ivey

As recently as November, Impac Chairman and CEO George Mangiaracina said returns on loans eligible for sale to the government-sponsored enterprises were better than returns from non-QMs. However, this spring he indicated that market dynamics had changed.


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A Week After Charitable Commitment, Rocket Founder Reveals Large Stock Sale

April 1, 2021
Paul Muolo

In a research note, Keefe, Bruyette & Woods said that following Gilbert’s stock sale his interest in Rocket Companies will drop to 93% from 94%.


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CFPB Withdraws Pandemic Compliance Flexibility, Warns It Will Fully Enforce Dodd-Frank

April 1, 2021
Lisa Burden

The original order for leniency was put into place because of the global pandemic.


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Is the Waving of Appraisal Waivers Harmless?

March 31, 2021
Dennis Hollier

The benefits of a waiver are straightforward. Fannie said it speeds up the loan origination process...


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Post Fudge Declaration, MI Stocks Keep Rising

March 31, 2021
Paul Muolo

HUD's Fudge: "We continue to monitor mortgage performance trends within our portfolio, particularly related to those homeowners who are struggling financially because of the pandemic.”


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