2 reasons the single-family rental securitization market won’t exceed $20 billion

Should mortgage technology and data be universally shared?

Yes, and no

Structural changes, oversight and second-lien reform critical for PL MBS

The game has to be changed to bring back private label capital
W S

Items Tagged with 'mortgage origination'

ARTICLES

Independent mortgage bankers see 50% loan growth

Loan production increase is the first in the past three quarters
Trey Garrison
Loan production among independent mortgage bankers in the second quarter increased by 50% over the previous quarter, the first increase in the past three quarters.
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Carrington to expand operations in Indiana

Company will invest $3.17 million and add 360 new jobs
Ben Lane
"As a reputable mortgage company, Carrington Mortgage knows the importance of making sound investments," said Indiana Governor Mike Pence. "We are excited that Carrington Mortgage recognizes our talented workforce and commitment to keeping taxes low and has chosen Indiana as a fixture in its long-term business plan."
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Freddie Mac: 3 reasons lending will hit lows not seen since 2000

What’s the deal? Rates are at historic lows, but so are originations
Trey Garrison
Mortgage interest rates remain near historic lows and this past week they hit the lowest level of 2014. At this pace, originations will hit a 14-year low of $1.14 trillion for the year.
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Closing rate for mortgage originations drops in July

Closure for 90-day applications falls below 60%
Trey Garrison
Mortgage originations showed an overall closing rate of 57.7% in July 2014, down from 60.7% in June 2014, according to a sample of 90-day loan applications conducted by Ellie Mae.
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SEC filings reveal ZAIS Financial's big mortgage plans

REIT to purchase $100 million in loans; originate new loans
Ben Lane
The real estate investment trust appears to be looking to fill the gap of falling originations and a weak secondary market by ramping up its efforts in both areas.
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California changes loan originator education requirements

Applicants must complete additional education on state’s laws
Ben Lane
The new law requires that an applicant seeking a mortgage loan originator license in California must complete two hours of approved education related to relevant California law and regulation.
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Mortgage applications tick up 1.6% for week as refis grow

Mortgage activity still well below YOY even as rates hold
Trey Garrison
Mortgage applications increased 1.6% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 1, 2014.
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Weak mortgage production drags PHH down again

Company posts loss of $59 million despite fleet business sale
Ben Lane
On the positive side, the $27 million loss from the mortgage production segment was an improvement from the $60 million loss suffered by the segment in the first quarter of 2014. By contrast, though, the segment pulled in a profit of $44 million in the second quarter of 2013.
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KBW: 2Q mortgage banking earnings down YOY

Nonbanks see stronger gains as banks leave space
Trey Garrison
With many of the major banks and nonbanks in the mortgage space having reported their second quarter earnings and more coming this week, mortgage banking earnings generally increased quarter-over-quarter, but this was off of the low base set with the first quarter drop.
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DBRS: CFPB rules, tighter credit driving down mortgage originations

Until uncertainty with QM, ATR settled, many buyers will be shut out
Trey Garrison
Federal regulations coupled with a general shift from refinance to purchase activities have resulted in historically low volumes of mortgage loan originations, even though home prices have continued to rebound and delinquency and foreclosure rates are at their lowest levels in years.
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