originations Archives

Originations forecast through 2026 ‘dampened’ by inflation, GDP and labor market growth

June 13, 2024 mpsingh No Comments Real estate dampened, Fannie Mae, forecast, GDP, growth, iEmergent, inflation, labor, Market, Mortgage Bankers Association, mortgage origination, originations

Persistent economic trends that include inflation, a strong labor market and real gross domestic product (GDP) growth will continue to “dampen” mortgage origination activity through at least the end of 2026, according to the newest U.S. mortgage originations outlook from financial services forecasting and advisory company iEmergent. Based on 2023 Home Mortgage Disclosure Act (HMDA) [...]read moreOriginations forecast through 2026 ‘dampened’ by inflation, GDP and labor market growth

UWM Hiring “Hundreds” As Q1 Mortgage Originations Surge 24 Percent

May 10, 2024 mpsingh No Comments Real estate Hiring, Hundreds, Mortgage, originations, percent, surge, UWM

At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. The CEO of the nation’s biggest mortgage lender says the company is hiring “hundreds” of new employees after funding a record $22.1 billion [...]read moreUWM Hiring “Hundreds” As Q1 Mortgage Originations Surge 24 Percent

Freddie Mac’s proposed home equity product could unlock $850B in originations

April 19, 2024 mpsingh No Comments Real estate 850B, Bank of America, Equity, Federal Housing Finance Agency, Freddie, Freddie Mac, HELOCs, Home, Home Equity, Macs, originations, product, Proposed, Unlock

A Freddie Mac home equity product that was proposed this week has the potential to unlock $850 billion in origination volume. But it could face challenges due to the lack of a robust securitization market, according to strategists at Bank of America (BofA). On Tuesday, the Federal Housing Finance Agency (FHFA) announced a request for [...]read moreFreddie Mac’s proposed home equity product could unlock $850B in originations