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Home » Topics » IMFnews » Originations

Originations
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HMDA: Mixed Trends in Denial Rates for Jumbos

September 27, 2019
Brandon Ivey

Quicken Loans denied 29.6% of applications for jumbo purchase-mortgages in 2018 and denied nearly half of the jumbo refi applications it received.


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FHFA Chief Calabria Keeps a Close Watch on G-Fees, More

September 27, 2019
Paul Muolo

In late 2018, the FHFA published a report on g-fees paid from 2013 to 2017, stratifying it by five different lender cohorts…


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Caliber Stocks MBS with Non-QM Jumbos for Affluent Borrowers

September 27, 2019
Brandon Ivey

Caliber’s Elite Access program is aimed at borrowers who could not qualify for a jumbo mortgage at a bank.


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Short Takes: Judging GSE Pilot Programs / Freddie Mum on the Exact Size / Warehousers Have Entered the Sector / Significant Changes at FHA Unlikely / Pointillist?

September 26, 2019
Paul Muolo

Freddie Mac declined to say how much credit it had extended under the pilot, though a spokesman said it was under $1 billion. 


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Reverse Mortgages Under the CFPB Spotlight Due to APR Issues

September 26, 2019
Yemeng Yang

The new CFPB report covers findings from examinations completed between December 2018 and March 2019. 


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Rising Real Estate Values Boost Home Equity: CoreLogic

September 26, 2019
Yemeng Yang

Rising real estate values translate into more home equity for consumers, but that doesn’t mean they will tap it…


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Short Takes: Another Record Quarter for Angel Oak / Former PrimeLending Official Joins AO / The CFPB Staffs Up / If the QM Exemption Goes Away / New Hires for loanDepot, M&M

September 25, 2019
Paul Muolo

If the QM "patch" disappears as scheduled in early 2021, some lenders might see originations plummet. At least, that's the fear...


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A Smackdown for New Mortgage Applications. Time to Worry?

September 25, 2019
Paul Muolo

Industry vet Bill Dallas of Finance of America: “The next two quarters will be pivotal for mortgage bankers.”


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A Republican White House Comfortable With an ‘Explicit’ Guarantee on Agency MBS

September 25, 2019
Paul Muolo

When it comes to MBS guarantees, it would be a pay-as-you-go system...


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Non-QM MBS a Hit with Some Investors, Losses Almost Nonexistent

September 25, 2019
Brandon Ivey

Investors are flocking to non-QM MBS and losses on the deals have been essentially non-existent. However, some large firms continue to hold out for better protections.


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