Warehouse

Browse articles from IMFnews related to Warehouse.

May 15, 2018 - IMFnews

Short Takes: USMI Seconds that GSE Emotion / Don’t Hold Your Breath / Mid America Enters the Warehouse Arena / Fannie Selling NPLs / A Recession Coming? / Freddie Gets a New Chief Compliance Officer

Barry Habib, who heads MBS Highway, believe that within two years, the U.S. will be in a recession...


May 15, 2018 - IMFnews

As Originations Slow, Warehouse Providers Face Tight Profit Margins, Riskier Credits

According to a tally by Inside Mortgage Finance, few warehouse providers bucked the trend of falling commitments.


May 8, 2018 - IMFnews

Origination Profit Margins Stay Ugly. Is Relief on the Way?

One consultant said he’s conducted 14 warehouse reviews on lenders this year with 11 of them turning a profit and three losing money.


April 30, 2018 - IMFnews

Short Takes: HUD Yanks Approvals on 23 Lenders, Most of Them Banks / Goldman Sachs, Warehouse Lender, but… / Rep. Waters None Too Happy with Mulvaney / A Document Dump is Requested / A Promotion at J.G. Wentworth

Rep. Waters wants CFPB acting director Mulvaney to turn over documents regarding meetings he's had with the industry...


April 26, 2018 - IMFnews

Short Takes: Losses at Privately Held Shops? / Refis Near a 10-Year Low / Will the CFPB Target Rate-Lock Commitment Abuses? / Strong Earnings for Radian but Clayton a Drag / A New Hire for United Wholesale

Radian's mortgage and real estate services division – which includes due diligence provider The Clayton Group – continues to struggle...


Poll

On average, how much of a commission does your shop pay loan officers per loan they originate ?

25 to 50 basis points.
51 to 100 basis points.
101 to 150 basis points.
North of 151 basis points. (We expect a lot.)
We pay salary, not commission.

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