Errors in TRID disclosures on jumbo mortgages played a key role in the recent closure of W.J. Bradley Mortgage, but the privately held nonbank may have had other problems as well, according to industry officials who claim to have intimate knowledge of the company’s operations. A thin capital base is one of those problems. An investor in the company and an investment banking official each told...

An estimated $1.21 trillion of newly-originated home loans were pooled in mortgage securities last year.

Employment and pay prospects are looking up for loan brokers as well.

“Mortgage g-fees should only be used as a buffer against mortgage defaults, not as a piggy-bank for increased government spending,” said NAR chief Salomone.

If stocks tank, look for yet another bond market rally.

SWBC is looking to hire 40-plus technology workers.

The GSEs’ retained portfolios are shrinking, but whole-loan investments held by banks and credit unions are not.

Then again, there are doubts the legislation will ever be enacted.

Five Oaks’ jumbo conduit also has faced headwinds due to a lack of demand for new jumbo MBS.

Private equity firms, of course, are not known for holding their investments forever.