Most top lenders saw declines in both purchase and refinance lending from the third to the fourth quarter of 2021. Compared to 2020, the purchase share was up. (Includes five data charts.)
The first quarter ends in a few weeks and so far no top-ranked lenders have announced plans to sell. Is it just a matter of time or is something else afoot?
Mortgage debt accounted for more than 80% of overall household debt in 2021, according to a new quarterly report by the Federal Reserve Bank of New York.
In a statement of interest, the Department of Justice said the court should hold that the Fair Housing Act applies to discriminatory appraisal practices.
Retail production remained the richest source of first-lien mortgage originations, but wholesale-broker and correspondent grew their shares of the market. (Includes six data charts.)
Warehouse finance was a great business to be in the past two years. But with rates rising and primary market originations slipping, all bets are off. The spring homebuying season should bring some relief. (Includes data chart.)
In January, the GSEs took in a significant volume of mortgages with balances greater than the baseline conforming loan limit for 2021. Note: A number of lenders had given themselves a head start on 2022 loan limits.
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