A handful of firms broker TRID scratch and dent loans, including Rincon Mortgage Trading, Mortgage Delivery Specialists and Spurs Capital.

Non-traditional forms of credit also will be taken into account on the new product

BofA said it has no plans to further reduce its involvement in FHA lending.

Currently, employers are required to pay overtime for all employees who make $23,660 or less annually.

As banks cede market share to nondepositories, an odd thing is happening: banks and thrifts are hiking their investment in MBS.

The TRID error problem is not going away, at least not yet...

Late last week, Moody’s Investors Service published an analysis detailing risks from mortgage warehouse securitizations. The warning was published days after a $225.0 million deal from Jefferies Funding was issued with a Aaa rating from Moody’s. Analysts at Moody’s stressed that securitized mortgage warehouse facilities face risks that differ from traditional residential MBS. The analysts said Station Place Securitization Trust 2016-1 from Jefferies addressed the risks, prompting the Aaa rating. Station Place was backed...

Impac sold a large block of MSRs in 4Q, which boosted profits.

A smart political move? Ocwen's board now includes former officials from the U.S. Treasury and FHA.

Thanks to the MIP cut, it looks like FHA is stealing business away from Fannie Mae...