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Home » Topics » IMFnews » Originations

Originations
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Thanks to Refis, October Agency MBS Issuance Hits Peak for the Year

November 8, 2019
John Bancroft

PennyMac Financial Services was the most active seller-issuer in October with $15.73 billion. Quicken Loans was close behind at $14.10 billion…


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About Those GSE Volume Discounts…

November 8, 2019
Dennis Hollier

The GSE regulator said later on he found out that “lender A and lender B” were getting a different set of terms…


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Short Takes: Nine Out of 10. Not Bad / Wringing Their Hands at FSOC / Risk? / Plaza Home Rolls Out New Reverse Product / A ‘Unique’ MBS from PIMCO

November 7, 2019
Paul Muolo and Brandon Ivey

So now the big question: Are nonbanks really that risky when compared to depositories? A few decades ago, Congress had to bail out the savings and loan industry to the tune of $150 billion.


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Mortgage Bankers Add Jobs but Loan Brokers Scale Back

November 7, 2019
Paul Muolo

Compared to the same month a year ago, both sectors have trimmed workers: mortgage bankers by 5,300, brokers by 3,800.


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HomeStreet Fined by FDIC for RESPA Compliance Issues

November 7, 2019
Brandon Ivey

HomeStreet was faulted for paying mortgage referrals to real estate brokers and homebuilders...


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Agency Market Rides Heavy Refi Wave in 3Q19, Best Showing Since 2003

November 7, 2019
John Bancroft

According to a new tally from Inside Mortgage Finance, refis accounted for 47.6% of first-lien originations in 3Q19 compared to 35.9% and 35.2% in the second and first quarters, respectively.


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An Upbeat Projection for the Pending FHA MMIF Actuarial Audit

November 7, 2019
George Brooks

Consultant Brian Chappelle credits FHA for taking action earlier in the year to stop risk layering on borrowers with lower credit scores.


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Short Takes: In Praise of Current GSE Management / Sharp Elbows When it Came to Lobbying / Awaiting a Revival? / One is the Loneliest Number (Stock Analysts) / New MBS from Redwood, New Rez / Stearns Exec Finds New Job

November 6, 2019
Paul Muolo and Brandon Ivey

If Fannie and Freddie are in fact released from conservatorship will they quickly rebuild their lobbying shops?


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Consolidation and Competition Reduces the Number of LOS Vendors

November 6, 2019
George Brooks

The decrease in LOS vendors comes courtesy of industry consolidation from M&A deals, fewer vendor offerings of multi-system platforms and the failure by some platforms to adapt...


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Is Trump Pondering a Ginnie Mae Pick? Or Something Else?

November 6, 2019
Paul Muolo

“Acting” is a title worn by many political appointees in the current administration…


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Latest Imf News

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