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Home » Topics » IMFnews » Originations

Originations
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Mortgage IPOs Headed for Turbulence?

November 4, 2020
Paul Muolo

In a statement, Caliber said it’s postponing the sale of common stock to the public but will “continue to evaluate the timing.”


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A 2021 GSE Loan Limit of Roughly $539,000

November 4, 2020
John Bancroft

The limits would be higher for mortgages backed by 2-4 unit properties, as well as loans in designated high-cost markets.


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Mergers and Acquisitions? Sort of On Hold…

November 4, 2020
Paul Muolo

Chuck Klein, managing partner at Mortgage Banking Solutions, describes the current M&A atmosphere as “pretty quiet.” Still, he’s working on a handful of deals...


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Prime Non-Agency MBS in 3Q20 Fueled by UWM, Depositories

November 3, 2020
Brandon Ivey

Quicken Loans and loanDepot were the other nonbanks among the top five sources of collateral for these deals...


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Velocity Financial Resumes Originations; Income Increases in 3Q

November 3, 2020
Brandon Ivey

Velocity resumed origination activity in September, funding $63 million of investment-property loans in October.


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CoreLogic’s Major Shareholders Continue Proxy Battle

November 3, 2020
Namrata Bhatia

On Tuesday, CoreLogic accused Senator and Cannae of “pursuing a misinformation campaign aimed at” distracting shareholders and destroying value.


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Jumbo Rates Remain Stubbornly Above GSE Loans

November 2, 2020
Brandon Ivey

Research published by AEI shows that, between 2014 and 2019, the average interest rate on jumbos was 29 bps lower than on agency loans.


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LO Compensation Continued to Climb in the Third Quarter

October 30, 2020
Yemeng Yang

Commissions earned by LOs were up 50% in 3Q20 from a year ago, with the average LO facilitating 51% more volume...


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Forget the Mortgage IPO Craze, Nonbanks Increasingly Turn to Debt

October 30, 2020
Paul Muolo

IPOs can be expensive and complicated, but debt offerings are more of a sure thing (for the right shop)...


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Redwood Posts Profit in 3Q, Restarts Aggregation Business

October 30, 2020
Brandon Ivey

Redwood locked $2.1 billion in mortgages during the third quarter but only acquired $176 million...


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