Refinance-driven prepayments responded to lower rates in February, rising to a high not seen in 17 months, according to ICE's latest Mortgage Monitor report. https://www.nationalmortgagenews.com/news/prepayments-jump-14-in-small-but-important-market-segment
NextGenMortgage
HUD releases guidance on risk in using AI for advertising
New notices pointed out how large learning models could lead real estate businesses to unintentionally violate the Fair Housing Act in a marketing campaign. https://www.nationalmortgagenews.com/news/hud-releases-guidance-on-risk-in-using-ai-for-advertising
Ocwen, MBA, CHLA make leadership appointments
Also, Argyle, Two Harbors add mortgage tech experts to boards, Planet Home expands sales team and Calque names its CEO. https://www.nationalmortgagenews.com/list/ocwen-mba-chla-make-leadership-appointments
FHFA names chief artificial intelligence officer
Tracy Stephan's appointment to the new role is in line with broader federal directives follows other changes in staffing in the Office of Financial Technology. https://www.nationalmortgagenews.com/news/fhfa-names-chief-artificial-intelligence-officer
20 producers with the largest jumbo loan volume
The top five producers had an average dollar volume of more than $99 million in jumbo production. https://www.nationalmortgagenews.com/list/20-producers-with-the-largest-jumbo-loan-volume

