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

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

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

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

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

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.

Analysts will be keeping a close eye on servicing marks from Nationstar Mortgage, PHH Corp., Stonegate Mortgage and Walter Investment Management Corp., the parent of Ditech…

But there’s also the case of certain nonbank lenders that are affiliated with homebuilding firms. In some cases, these mortgage professionals can earn as little as 35 bps per loan originated.

Bank of America’s mortgage division posted $297 million in residential income for 3Q compared to $267 million in 2Q and $290 million in the third quarter of last year.

Some good news for default servicing: For all the loans that are out there, there will always be excessive debt, illness, divorce, unemployment, or some other disruptive factor, noted one expert.