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IMBs losing money as the cost to originate goes through the roof

IMBs losing money as the cost to originate goes through the roof

FromHousingWire Daily


IMBs losing money as the cost to originate goes through the roof

FromHousingWire Daily

ratings:
Length:
34 minutes
Released:
Mar 21, 2023
Format:
Podcast episode

Description

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the rising cost to originate a mortgage loan and the FHFA’s decision to delay the controversial upfront fee for borrowers with higher debt-to-income ratios.Related to this episode:Average IMB lost $2,812 per origination in Q4 The mortgage industry doesn’t want the DTI LLPA fee delayed. They want it killedHousingWire’s YouTube ChannelEnjoy the episode!Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership teams to grow, network, and set the pace for what's next in our industry. 2023's Gathering of Eagles is at Omni Barton Creek Resort in the rolling hill country of Austin, Texas from June 18-21. Click here to learn more and register your spot!The HousingWire Daily podcast examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted and produced by the HW Media team.
Released:
Mar 21, 2023
Format:
Podcast episode

Titles in the series (100)

HousingWire Daily examines the most compelling mortgage, real estate, and fintech articles reported across HW Media. Each afternoon, the HW team provides our listeners with a deeper look into the stories that are helping Move Markets Forward. Hosted and produced by the HW Media team.