The TILA-RESPA Integrated Disclosure (TRID) shook the mortgage industry over two months ago, and it's after-effects are still being felt around the industry.

The ABA operates as the voice of the nation's $16 trillion banking industry, which is made up of regional and large banks. These banks hold a total of $11 trillion in deposits and extend nearly $8 trillion in loans.

While many factors contribute to the overall health of the housing market and economy, home equity is providing a major boost to the overall position of U.S. households.

As of now, Fannie Mae and Freddie Mac only consider the FICO credit scoring model when making mortgage purchase decisions.

Mortech, a Zillow Group business that offers technology solutions for mortgage bankers and secondary market teams, announced Tuesday that its product and pricing engine (PPE) and secondary marketing solutions are now integrated into Calyx’s Point and PointCentral (Point) loan origination software (LOS).

Although credit standards are easing, job markets are improving, and consumers continue to show the desire to own a home, actual homeownership remains at a low level across the nation.

A survey of 95 national banks and federal savings associations revealed overall on average, those institutions have eased their underwriting standards for the third consecutive year, according to a report from the Office of the Comptroller of the Currency.

Just as servicers were adjusting to the lowest ever standard mortgage modification interest rate established in November by Fannie Mae and Freddie Mac, the GSEs opted to raise it back up.

Since the TILA-RESPA Integrated Disclosures (TRID) rule went into effect on October 3, 2015, the mortgage industry has been mostly quiet about its effects—that is until now.

Although the housing market is expected to see slower growth in 2016, the industry is expected to continue on the path to recovery as the market expands and more households are formed.