If rates rise enough, will refis fall by 50 percent?

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.

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.

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.

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

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

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.

The FHFA said internal audits at the housing GSEs should cover the entire audit universe over a four-year period…