As the TRID deadline moves closer, industry anxieties are getting stronger and more specific in nature.

Stevens also said that while he was FHA commissioner he chose not to go after lenders for violating the False Claims Act because he said such actions would have opened a “Pandora’s Box.”

The eight nonbanks – including the top publicly traded firms that rank high in originations, servicing or both – posted a combined $40.5 million in mortgage-banking income during the first quarter.

Last year loanDepot bought Mortgage Master, Walpole, MA, one of the largest home lenders in New England.

VA originations by state-licensed lenders rose 14.5 percent from 2013 to 2014.

The FHLBs and Office of Finance must now be more specific and include descriptions of their outreach activities in regard to minorities and women.

Fidelity, a market leader in title insurance, has a market capitalization rate of $10.6 billion and is headed by William Foley, age 70, who has a history of spinning off companies.

Interactive Mortgage Advisors, MIAC and The Prestwick Group are working on deals as well.

Fannie, Freddie and Ginnie all posted solid gains in volume during April, but Ginnie had the strongest increase with issuance rising more than 32 percent…

Many shops continue to recruit for LOs but with the caveat they have strong ties to Realtors and homebuilders.