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

A spokesman for BofA declined to provide any color on the mark, but provided a link to past financial filings where the bank talks about its hedging activities which are based on “model and other cash flow” assumptions.

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.

As part of the program, the GSE will enhance loan-level disclosures for the RPLs to provide more transparency.

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

The nonbank share of the market for servicing mortgages in Gnnie Mae MBS increased from 35.05 percent at the end of the first quarter of 2015 to 46.73 percent at the end of the first quarter of 2016.

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.

The Mortgage Bankers hailed the bill for supporting a number of MBA priorities and for rejecting an administration proposal to fund FHA technology upgrades through a fee on lenders.

Craig Dwight, Horizon Bancorp’s chairman and CEO, indicated that the TRID mortgage disclosure rule had an impact on warehouse lending during the quarter.