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Bank Buybacks Declined in 1Q22, Lender Trends Varied

July 1, 2022
Namrata Bhatia
Overall, banks and thrifts reported a decline in the volume of mortgage repurchases and indemnifications made during the first quarter, but most major institutions saw increases. (Includes data chart.)
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Congressional Panels Blame SFRs for Affordability Crisis

July 1, 2022
Monica Hogan
The single-family rental sector took heat in Congressional hearings from those who believe the presence of institutional investors in the sector makes it harder for low-income families to purchase starter homes.
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Pandemic vs. Financial Crisis: Intervention Worked

July 1, 2022
Dennis Hollier
A Fed economist outlines why the COVID-19-related economic crisis turned out so differently from the 2008 global financial crisis.
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MBA Sees Progress in MLO Remote Work Legislation

July 1, 2022
Sam Manas
Ohio recently became one of 20 states to have some form of legislation or regulation providing remote work opportunities for licensed mortgage loan originators.
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Harvard Report Warns of Precarious State of Housing Market

July 1, 2022
Monica Hogan
Inflation and lingering economic struggles from the pandemic have exacerbated housing affordability challenges among financially stressed households, the report said.
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Grapevine: A Winning Streak / Eye on Originations

July 1, 2022
Paul Muolo
The meteoric rise in interest rates has subsided somewhat, giving originators a respite. For three weeks in a row, new applications have increased. But can the winning streak last? M&A on the rise?
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The Fed’s Rate Hike — And the Ramifications

June 17, 2022
Paul Muolo
The Fed hiked short-term rates 75 basis points Wednesday, adding to uncertainty about originations. One thing is for certain: The refi game is over.
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Wide Variety in Banks’ 1Q22 Mortgage Banking Income

June 17, 2022
Brandon Ivey
Overall, banks saw a 24% decline in mortgage banking income in the first quarter of 2022. Many banks bucked the trend with large increases in income compared with the previous quarter. (Includes data chart.)
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Demographic Trends Bearing Down Upon Housing Supply

June 17, 2022
Sam Manas
One economist is blaming the increasing tendency among older homeowners to stay in their homes for longer as one of the key reasons for the housing inventory crunch.
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Denver Launches DPA to Combat Legacy Redlining

June 17, 2022
Sam Manas
The social equity program offers downpayment assistance to residents and descendants of those who lived in Denver between 1938 and 2000.
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Latest Imf News

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Featured Data

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Featured Reports

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