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Home » Topics » IMFnews » Originations

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Pennsylvania AG Targets Redlining

September 11, 2019
Yemeng Yang

The Pennsylvania AG opened a redlining investigation last year following a news report that white borrowers in Philadelphia received 10 times as many conventional mortgage loans as African-American borrowers.


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Short Takes: Senate Hearings on Reform / HFSC Resignation / Fix-and-Flip Company in Loan Business / Appraisal Threshold Set to Increase

September 10, 2019
Dennis Hollier

Senate Banking Committee hearing: First step toward legislative reform? 


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2Q19 Surge in Wholesale-Broker Originations

September 10, 2019
John Bancroft

Brokers recorded a hefty 69.3% increase in government lending from the first to the second quarter, boosting their share of the sector to 21.4%.


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Short Takes:  Stress Tests and GSE Capital Requirements  / Startup Using Own AI to Manage ABS Transaction / Court Tells Financial Crisis Defendants, “You’re Not Going Anywhere!" /  Yield Curve Inversion Plays Havoc with Long-Term Investors

September 9, 2019
Dennis Hollier

Stress tests and capital vs. yield curves and spreads.


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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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