The TRID rule has cost lenders plenty in terms of not only compliance attorneys, but software and consulting fees.

“The mortgage industry is in big trouble if companies shut their doors based on a missing signature. Yes, TRID does that,” said Paul Hindman, managing director of Grid Origination Services.

Anupam Agarwal, CIO of Western Asset Mortgage Capital, noted: “Well, that unicorn doesn’t exist.”

Home-equity originations declined by a modest 3.0 percent from the third to the fourth quarter...

Whether mortgage lenders get any additional, official clarification or guidance regarding the TRID rule is another matter entirely.

A day after the news broke that W.J. Bradley Mortgage has shut its doors, competition is heating up for some of its top loan officer and executive talent...

The MSR sale market continues to pick up steam. Last week, IMA came to market with almost $3.70 billion of bulk mortgage servicing deals...

FHA consultant Brian Chappelle of Potomac Partners told IMFnews, “I give FHA credit for trying to solve a problem it didn’t create but the DOJ is the elephant in the room.”

Redwood said its conforming operations generated a negative return of 22.0 percent in 2015.

California had one of the highest concentrations of FHA refinance loans, which accounted for 42.3 percent of the state’s total FHA business in 2015.