How intimidating is the world of pipeline hedging? Have you ever stood before an audio mixing console in wonderment? The world of audio and hedge systems are related more than you may think. Mortgage originators want to price loans in such a way to make a profit margin. Pipeline risk managers endeavor to keep most of the margin with little…
According to Fitch Rating, investors may be a little too picky when it comes to denying loan purchases because of a TRID document not being prepared exactly per the new rules (TRIDSlips). The amount of data required to appear on each new disclosure, coupled with the requirements for how it should be reported, creates some major challenges for a lender.…
