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Home » Topics » IMFnews » Originations

Originations
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A Step Closer to Transitional Licenses for Residential Loan Officers

April 25, 2019
Yemeng Yang

Typically, loan officers do not need to apply for the transitional licenses separately...


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The Final Tally for 1Q19 Originations: $355 Billion (It Could Have Been Worse)

April 25, 2019
John Bancroft

Most lenders were expecting a bad quarter. And they were right, but a few shops bucked the trend, including BofA, Freedom, Quicken and UWM...


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MetLife, Citi Bring Non-Agency MBS Backed by Seasoned Mortgages

April 25, 2019
Brandon Ivey

At Dec. 31, MetLife held approximately $11.74 billion in whole loans. In the past, the life insurer had focused on seasoned mortgages, but two years ago started buying newly-originated prime and near-prime mortgages.


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GE's Now Defunct Subprime Affiliate Files for Bankruptcy

April 25, 2019
Dennis Hollier

Following one of the last major payouts related to the subprime mortgage crisis, WMC files for Chapter 11 reorganization.


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A New Low for Mortgage Complaints Filed with the CFPB

April 24, 2019
Yemeng Yang

Another Week and Another Negative Reading on New Business

April 24, 2019
Paul Muolo
Not good: Three weeks of negative applications readings...
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Short Takes: Believing in Big Payoff (Someday) / A Nice Return Based on 2019 Calculations / WMC Files for BK / Starting Out in Life as Weyerhaeuser / Two Lenders Form a Combo

April 24, 2019
Paul Muolo

Industry vets might recall that WMC started out in life as Weyerhaeuser Mortgage...


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Short Takes: JPM’s Latest Outreach Effort to RE Brokers / #3 in Retail / A Quick History Lesson / A Strong Quarter for MGIC / A New CEO for LoanLogics

April 23, 2019
Paul Muolo
Chase is looking for an edge with realtors...
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CFPB to Provide Targeted CIDs in the Future

April 23, 2019
Yemeng Yang

The CFPB is updating policies regarding civil investigative demands to ensure the government is providing more information about potentially wrongful conduct under investigation.


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Verus Readies Non-QM MBS Backed by Investor Loans

April 23, 2019
Paul Muolo

Founded in 2015, Verus Mortgage has notched 10 rated non-QM MBS deals...


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