The extended deadline also provides mortgage companies an opportunity to pursue loss mitigation before initiating foreclosure against a customer.

One observer called the $1.2 billion “chump change” for Wells.

We also are hearing reports that TRID errors and closing delays definitely will be affecting first quarter 2016 earnings, at least for certain nonbanks…

Mortgage firms that are thinking about selling are 15 to 25 years old, said one M&A advisor...

For lenders, the best scenario is that an arbitrator might rule in their favor, with a GSE reimbursing them for what Fannie and Freddie call “certain costs and expenses.”

Another large nonbank enters the space for unsecured consumers loans. A trend in the making?

Earnings are high at most nonbank lenders these days, which makes them attractive to investors...

While most players holding non-agency MBS have seen their investments decline, two types of investors actually increased their holdings...

However, the VA market grew more than the FHA market last year, up 13.5 percent from the end of 2014…

Kvetching about mortgage servicing was down sharply too, off 23.1 percent compared with the third quarter.