Time to throw away the loss-mitigation toolbox in dealing with COVID-related delinquencies? Maybe not.

Though demand for purchase mortgages is increasing, it is nowhere near levels sufficient to make up for the decline in refi activity, say lenders.

Nonbank Cornerstone Home moves to buy an FDIC-insured institution. Also, should anyone be worried about SoFi’s progress in mortgages?

Competition among the two dominant players in the wholesale channel continues to reduce the profit equation. However, margins from retail lending remain robust … for the moment.

Not racial bias, but geographical incompetence is the reason appraisers mar home valuations, according to agents interviewed by IMF.

Incenter Mortgage Advisors is known mostly as a servicing broker and whole loan trader, but through an affiliate it wants to help nonbank mortgage firms tap the student loan market. Will it fly?

Not only did it cause a loss of expertise, but it also led to a drop in enforcement actions by the consumer watchdog.

Rohit Chopra’s nomination is in a holding pattern. Meanwhile, the CFPB is losing two high-profile enforcement attorneys and the DFPI its commissioner.

The origination boom had to end sometime, but don’t reach for the hankies quite yet. Applications remain strong and no one’s going out of business, or so we’re told.

Fannie and Freddie have provided lenders with some flexibilities on construction-related loans. Also, they will pause acquisitions of refinances of mortgages with high loan-to-value ratios.