“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.

We understand that a nonbank called Supreme Lending has been hiring quite a few of WJB’s former staff.

Mortgage lenders posted a sizable increase in home-equity loan originations last year, but the overall market fell to its lowest level since 2004. A new Inside Mortgage Finance analysis and ranking shows an estimated $182.6 billion in home-equity lending last year, mostly through home-equity lines of credit and, to a lesser extent, closed-end second mortgages. That was up 19.1 percent from a revised estimate of $153.3 billion back in 2014, somewhat slower than the 33.5 percent increase in first-lien originations in 2015. Home-equity originations declined...[Includes three data tables]

Some lenders report they have totally adjusted to the new TRID disclosures, while others continue to be plagued by errors and delays.

The mortgages have seasoned for an average of 14 months and have pre-TRID application dates.

John Shrewsberry, a senior vice president at Wells Fargo, said the bank has focused on adding jumbo mortgages to its portfolio. “They are very safe loans,” he said. “I think we’ve got four basis points of loss coming through that portfolio.”

Good news for mortgage bankers: gain-on-sale profit margins are on the rise.

The supply of outstanding ABS itself fell slightly in the fourth quarter, down 2.3 percent to $704.91 billion...

Matthew Tomiak, a managing director at Redwood Trust, said investors occasionally request that Redwood issue publicly-registered jumbo MBS.

Neil Ahuja, CEO of Premium Point, said the firm is keeping its options open.