Maintaining contact with potential borrowers through Truebill could lower the lender’s cost to acquire consumers, according to Rocket Mortgage CEO Jay Farner.

JPMorgan Chase has pledged $12 million over the next three years to help five nonprofits test how to increase homebuying and wealth building among Black, Hispanic and Latino households.

Foreclosure starts increased in February; SEC to revamp cybersecurity reporting for public companies; Tradepost acquires GSF Mortgage as part of an expansion of Go Companies; Milo raises $17 million; MISMO to develop standards for eVaults.

Rocket Mortgage, the big Kahuna of home finance, was not immune from higher interest rates in the fourth quarter. Still, the nonbank is rewarding shareholders with a special dividend of $1.01.

While servicing for others among banks declined slightly in the fourth quarter, trends varied among the big boys. Top-ranked Wells continued to reduce its portfolio while second-ranked JPM was an active buyer of MSRs. (Includes data chart.)

Volatility in interest rates and the thirst for profits and liquidity have driven the recent surge in mortgage servicing sales.

Miami is the most popular migration destination of major metropolitan areas, creating opportunities for purchase-money lenders.

The Federal Housing Finance Agency believes the risks that accompany digital tools are real, whether the systems are in-house or supplied by third parties.

The Urban Institute found most property auction sales are to mom-and-pop investors, while most owner-occupants who buy use cash.

The FHFA’s proposed financial standards for GSE seller/servicers could be a boon for larger firms; CFPB launches small business advisory review panel for rulemaking on automated valuation models; foreclosure starts jump; MISMO launches rate quote standard for mortgage insurance; delinquency rate on property taxes declines.