Will President Trump (if elected) tax mortgage servicers that use offshore workers?

While S&P will rate new non-agency MBS without formal guidance from the CFPB, the rating service noted that the market’s handling of TRID issues is fluid...

On the subject of delayed closings, one agent had this to say: “All of my closings are taking two to four weeks longer to close, and there has been a lot of confusion…”

Sig Anderman’s once small firm is now worth more than Nationstar Mortgage, Ocwen Financial and Walter Investment Management Corp. combined.

In after-hours trading Wednesday, its share price was down 20 percent to $2.25.

Pricing on the deal was good, but investor fears rule the day.

Flagstar is the only depository that ranks among the nation’s top-five wholesale/broker lenders, according to Inside Mortgage Finance.

Warehouse consultant Larry Charbonneau noted that he knows of at least two new entrants to the business.

One industry consultant warns that when times are good, mortgage banking income can “turbocharge” earnings but...

While most borrowers felt positive about the new forms, 63 percent said their experience with TRID prevented them from closing on their new homes within the desired timeframe.