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Home » Topics » IMFnews » Originations

Originations
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Refis With Primary MI Spike in Fourth-Quarter MBS

January 24, 2025
Brandon Ivey
Deliveries to Fannie Mae and Freddie Mac of mortgages with private MI more than quadrupled from the third quarter, hitting $6.58 billion in the fourth quarter.
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Layton Skeptical Trump Admin Will Complete GSE Reform

January 24, 2025
Dennis Hollier
The administration hasn’t come up with a business plan to replace the current system.
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Short Takes: Private MIs and Natural Disasters / Large Expanded-Credit MBS From Annaly / New Leader at Broker Action Coalition / MBA Provides Grant to LA Children’s Hospital

January 24, 2025
Brandon Ivey
The brunt of insurance burdens tied to natural disasters fall on property insurance providers, though private MIs could see an uptick in delinquencies.
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Fannie Adjusts Rate Forecast Higher, Lock-In to Linger

January 23, 2025
Brandon Ivey
“The totality of indicators in recent months suggests that neither aggregate demand in the economy nor inflation pressures eased by as much as was previously expected,” the economic team wrote.
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Mortgage Complaints to CFPB Decline in 2024

January 23, 2025
Shannon Clark
Consumers submitted 21,173 mortgage-related complaints to the CFPB last year, the lowest number since the bureau opened its door.
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Mr. Cooper Seeing Benefits From Remote Online Notarization

January 23, 2025
Brandon Ivey
Mr. Cooper says it achieves faster closing times and improves customer satisfaction when using remote online notarization.
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Short Takes: Chopra Still Leading CFPB / Foreclosure Starts Spike / Newfi Invests in Business-Purpose Lender / Jumbo MBS From Citi / Expanded-Credit MBS Holding Up

January 23, 2025
Brandon Ivey
Trump is widely expected to replace Rohit Chopra at the CFPB, but that hasn't happened yet.
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Middleman Expects Ups and Downs Under Trump

January 22, 2025
Brandon Ivey
Interest rates will be pushed and pulled by Trump policies, according to Stan Middleman, president of Freedom Mortgage.
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Acra CEO Brushes Off Departure of Wholesale Employees

January 22, 2025
Paul Muolo
Roughly 20 of Acra's wholesale account executives and managers left for Champions Funding within the past month or so.
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Short Takes: TD Bank Considers Sale of Jumbos / Bessent’s Nomination for Treasury Moves Forward / Pulte an Unknown / Interest Rate Hurdle

January 22, 2025
Brandon Ivey and James Dohnert
TD held $42.98 billion of first-lien mortgages in portfolio as of the end of September.
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