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Home » Topics » IMFnews » Originations

Originations
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Dems Concerned About CFPB’s Advisory Opinion Plan

December 30, 2019

In September, the CFPB issued a compliance assistance policy, signaling its intent to propose an interpretive letter program “as soon as practicable,” given significant interest from stakeholders…


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2020, A Bright Year for Citadel Servicing Corp.?

December 27, 2019
Paul Muolo

Based in Irvine, the privately held lender/servicer services roughly $3.6 billion in loans.


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A Cooling Trend Expected for Expanded-Credit MBS Issuance

December 27, 2019

The biggest wildcard for the sector: The Consumer Financial Protection Bureau’s handling of the QM patch...


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Short Takes: Apps Slow Before Holidays / Freddie Switching to Quarterly Housing Forecasts / Another Joint Venture with NewRez / RHS Streamlines Loss Claim Process

December 26, 2019
Brandon Ivey

Mortgage applications declined and refinances accounted for the bulk of applications.


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MBS Trading Volume Down, but Lenders Remain Optimistic

December 23, 2019
Paul Muolo

November was a so-so month for MBS trading. But lending is strong.


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Interest-Only Lending Strong in 3Q19

December 23, 2019
Brandon Ivey

IO lending increased in the third quarter, with First Republic leading the pack.


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A Relatively Small $10M Settlement Between Wells and Philadelphia

December 23, 2019
Brandon Ivey

Wells agrees to settle a lending discrimination lawsuit filed by Philadelphia.


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Short Takes: When Dems Show an Interest in GSE Reform … Lookout / The Questions / ‘What If’ Scenarios / A Texas-Sized Merger / A New Controller for Wells

December 20, 2019
Paul Muolo

So, what kind of GSE questions do the Democrats ask? Topics include timelines, benchmarks, capital levels, affordable housing issues, reducing the GSE footprint and the like. All of the questions might be viewed as quite predictable…


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Limitation on Deductions Looks to Have Slowed Home Price Appreciation

December 20, 2019
Brandon Ivey

States with high usage of the SALT deduction have seen "acute" slowdowns in home price appreciation (and even declines) since the limitation on the deduction took effect.


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Warehouse Lenders Continue to Reap the Rewards of an IMB Boom

December 19, 2019
Paul Muolo

According to IMF’s tally, the top five warehouse providers in the third quarter were: JPMorgan Chase ($18.50 billion in commitments), Texas Capital ($7.95 billion), First Tennessee ($7.90 billion), TIAA FSB ($6.50 billion) and Wells Fargo ($6.00 billion).


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