Jumbo MBS Issuance Resumes Even as Industry Waits for Formal Guidance on TRID from CFPB
June 10, 2016
The so-called TRID-lock seen in the jumbo MBS market since October appears to be easing as both Redwood Trust and JPMorgan Chase have come to market with deals that include some loans with compliance problems. Before this week, only one jumbo MBS included mortgages subject to TRID, a deal from Two Harbors Investment in March. Many industry participants blamed...