Despite changes to GSE to representations-and-warranties policies, lenders are still avoiding the riskiest segments of the market.

In a statement, officials at TD Bank said the new hires will focus on originations in the Northeast.

Unless mortgage-banking income takes another steep downturn in the fourth quarter, 2015 will likely prove more profitable than 2014 by a slim margin.

However, 40 percent of those lenders who do not offer a mobile app plan to make one available over the next 12 months.

Commercial banks and savings institutions held a record $1.608 trillion of single-family MBS in portfolio as of the end of the third quarter, according to a new Inside MBS & ABS analysis of call-report data. Banks and thrifts boosted their MBS holdings by 1.6 percent from the end of June, reaching a third consecutive record level. The gain pushed the industry’s market share of single-family MBS to an estimated 25.2 percent. Commercial banks were responsible for ... [Includes two data charts]

A proposal from the Financial Industry Regulatory Authority to establish margin requirements for the to-be-announced MBS market was met with strong opposition from industry participants. While FINRA made some concessions to the industry in the proposal issued in October, many MBS traders warned of dire consequences if the proposed margin requirements take effect. The proposal from FINRA included a number of provisions, such as a 2.0 percent “maintenance” margin ...

After a seven-year hiatus, Silver Hill Funding this month re-entered the market for small-balance commercial mortgages, rolling out a menu catering to borrowers that are looking to buy multifamily properties, as well as office, retail, light industrial, self-storage and mixed use. Under its initial program, it will extend credit to both investors and owner-occupants ranging from $250,000 to $1 million as the nonbank attempts to serve a niche that it believes is ignored by ...

Commercial banks and savings institutions reported a hefty decline in mortgage-banking income from the second to the third quarter of 2015, according to a new Inside Mortgage Trends analysis of call-report data. The banking industry earned $3.793 billion from mortgage banking during the third quarter, a 37.7 percent decline from the previous three-month period. That’s an even bigger drop than the 25.8 percent decline reported by the group of 34 ... [Includes one data chart]

Recent findings from a Fannie Mae survey suggest a substantial digital divide exists between the mortgage lending industry and younger, more tech-savvy borrowers who want to shop for a mortgage online via mobile technology, such as smartphones and tablets. For instance, roughly three out of four lenders surveyed recently by the government-sponsored enterprise do not offer a mobile software application to help consumers shop for a mortgage. “Larger and mid-sized ...

When you hold an earnings call and not one analyst shows up to ask a question, one of two things is going on: business is so good that no one needs to ask, or research firms have dropped your stock. The latter appears to be the case with Altisource Asset Management Corp., one of three publicly-traded companies that can trace its lineage to Ocwen Financial Corp., a once top-five ranked servicer that’s in the process of shrinking, deleveraging its balance sheet and trying to figure out ...