Meanwhile, loan brokers tended to originate larger loans, averaging $264,646 for purchase mortgages…

At Sept. 30, U.S. Bank held $56.2 billion of first and second liens in portfolio, a 7.7 percent improvement from the same period a year earlier.

“Community bank regulators have taken a diagnostic approach with TRID compliance, which has been positive,” said ICBA’s Ron Haynie.

Fannie Mae’s Connecticut Avenue Securities program and Freddie Mac’s Structured Agency Credit Risk program have accounted for the bulk of GSE activity since the CRT initiative was launched three years ago.

New Residential continues to be hungry for mortgage servicing rights...

The comment period on the amendments ended Tuesday night. The CFPB will issue a final rule sometime next year.

The private MI share of agency purchase loans rose from 26.9 percent in the second quarter to 27.8 percent in the third.

One mortgage CEO who has been contacted by Wornow said he’s in the process of starting his own capital markets company.

Renzi joined Walter this past fall with a pay package that could top $5 million in his first year at the helm. He previously held senior positions at Citigroup and Freddie Mac.

Two thoughts: Force colleges to forgive a large chunk of what’s owed to them and/or order real estate agents (and sellers) to drastically reduce the asking price on homes. Which would you choose?