The HECM loss mitigation option is available if there is no indication that the borrower vacated the property or if he or she is attempting to make payments on the amounts due.

According to survey figures from Inside Mortgage Finance, WJB funded $410 million in 4Q15. Typically, it sold jumbos on a correspondent basis to secondary market investors, including JPM.

The AMI chief warned that at some point the GSEs may decide to review TRID documentation and penalize lenders who made even small clerical errors in the disclosures.

Can (and will) Congress act to fix the TRID mess?

The MI industry’s future also hinges on Fannie and Freddie, which by statute must have MI coverage on the high loan-to-value ratio mortgages they buy.

Bank of America ranked second in home equity holdings with $125.69 billion.

Impac originated $132.4 million in non-QMs in 2015, including $50.8 million in the fourth quarter of the year. Citadel did even more...

The SFIG draft includes details on potential cures for TRID violations.

Wells Fargo delivered $5.03 billion of VA jumbo loans into Ginnie Mae pools in 2015, making it the leading securitizer in that segment.

This same official also predicted that if TRID errors ever become an issue on Fannie Mae/Freddie Mac loans, the entire mortgage market would come to a halt...