Nexsys Technologies, a FinTech company providing advanced technology solutions for mortgage origination and closing, announced the launch of Clear HOI, a tool that digitizes the communication between mortgage lenders and homeowners insurance companies.

A federal judge has sentenced a former mortgage broker from Maryland to more than eight years in prison for a $1 million scam involving fake auto loan applications. So reports The Baltimore Sun.

Bill Bodnar of the Mortgage Market Guide focuses on the U.S.-China relationship and its far-reaching implications. Earlier in the year, developments were a tailwind to the bond market, supportive of lower rates, he notes. Now, it’s a complete role reversal.

Non-qualified mortgage originations have been soaring, raising some concerns that faintly echo worries about the role of subprime mortgages ahead of the 2008 financial crisis. So reports Bloomberg.