Bureau appeals Townstone Financial ruling; Chopra to host discussion on zombie second mortgages; CFPB seeks $3.16 billion penalty.

Private mortgage insurers gained market share in the agency purchase market during the first quarter, even as securitization of insured mortgages declined. (Includes two data charts.)

The San Diego-based capital markets advisor’s white paper walks originators through the theory of pipeline hedging.

Although the COVID-19 national emergency was terminated earlier this week, the trend of remote work among mortgage loan officers continues to grow.

While there is potential in the alternative data space to promote fair housing outcomes, the new methods come with their own concurrent risks, according to industry experts.

Feedback from mystery shoppers posing as would-be borrowers could help mortgage lenders meaningfully improve customer experience, according to Stratmor Group.

The data analytics firm said its web-based appraisal tool Validate will help streamline the valuation process by removing obstacles caused by traditional in-person appraisals.

Loans sales by banks and thrifts outpaced originations of mortgages marked for sale for the third consecutive year in 2022. The sales boom looks to be coming to an end as loans held for sale dwindle. (Includes two data charts.)

Sale chatter has been following Home Point and its MSRs for several months now but with no deal in hand. Still, a resolution could be moving closer.

Three regional banks failed recently due partly to interest-rate risk. To avoid the same fate, mortgage companies of all stripes are being pushed to give up some profits to manage interest-rate risk.