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Home » Topics » IMFnews » Originations

Originations
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MBA Revenues Rise, Despite Lower Originations

September 9, 2019
Paul Muolo

The organization’s largest sources of revenue — by far — are its annual convention and the cash it takes in from membership dues: $30.4 million and $24.3 million, respectively.


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In an Ultra-Low Rate Environment, Warehouse Lenders Find Themselves Swamped

September 6, 2019
Paul Muolo

Bob Garrett, executive vice president in charge of warehouse finance at First Tennessee Bank, said he’s seen some competitors that are so overwhelmed with demand they’re turning away business.


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Short Takes: GSE Base Pay Ruminations / Bonus Money / Syracuse Securities Calls the Mortgage Business ‘Unforgiving’ / An MSR Milestone for TruStone / True GSE Reform: In Congress’ Court

September 5, 2019
Dennis Hollier and Paul Muolo

Syracuse Securities calls the mortgage business "unforgiving and highly competitive." That sounds about right...


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Comments Pouring In: What to Do About the QM Patch?

September 5, 2019
Brandon Ivey

The HFPC said mortgage rates reflect credit risk more holistically than DTI ratios…


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Banks Keep Adding to Their Mortgage Positions – With Newly Originated Loans

September 4, 2019
Paul Muolo

Jumbo specialist First Republic Bank boosted its first-lien holdings by 21.8% on an annual basis…


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Big Questions Regarding Treasury’s GSE Plan: When Does the Sweep End? The 79.9% Stake?

September 4, 2019
Paul Muolo

One former Freddie Mac executive told IMFnews: “But the really big question is what Treasury plans to do with its 79.9% ownership stake.”


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Broker Share of FHA/VA Production Spikes

September 4, 2019
John Bancroft

FHA/VA lending is the segment where brokers enjoy their biggest market share. In the jumbo space, they captured just 5.0% of second-quarter volume, along with a 17.1% share in the conventional-conforming market.


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Wells Continues its Steady Issuance of Jumbo MBS

September 4, 2019
Brandon Ivey

The jumbo MBS will be the third of the year from the bank. Wells is also the nation's largest home lender and servicer...


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Short Takes: When In Doubt, Go With the Third-Party Valuation / When IOs Suffer in Value / After the Refi Boom is Gone / Don’t Forget About Ginnie / GR Hires New VP

September 3, 2019
Paul Muolo

The big question: What happens when this refi boom ends? Is it too early to ask?


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Reverse Lending Weak in 2Q19, Down 34% Compared to Last Year

September 3, 2019
George Brooks

For the first half, the top five HECM lenders were American Advisors Group, One Reverse Mortgage, Synergy One, Reverse Mortgage Funding, and Fairway Independent Mortgage…


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