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Inside Mortgage Trends
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Rising Rates Prompt Wide Swings in Correspondent Sales

April 28, 2023
Brandon Ivey
Correspondent sales in 2022 declined by nearly 50%, in line with total originations. Among the top correspondent sellers, trends varied, based on an analysis of HMDA data. (Includes data chart.)
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Home Equity Growth Varies Across Race, Income, NAR Finds

April 28, 2023
Monica Hogan
The value of a median-priced home has appreciated by $190,000 over the past 10 years, the National Association of Realtors said in a report this month.
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Grapevine: Profitability to Improve; Home Point Downgraded

April 28, 2023
Brandon Ivey
Profitability outlook; Fitch downgrades Home Point’s corporate ratings; UWM aims to limit trigger leads; New American Funding looking for joint ventures; new initiatives at MISMO.
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Other News in Brief

April 17, 2023
Sam Manas
Bureau appeals Townstone Financial ruling; Chopra to host discussion on zombie second mortgages; CFPB seeks $3.16 billion penalty.
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Private MI Gains Share in Agency Market in 1Q23

April 14, 2023
Namrata Bhatia
Private mortgage insurers gained market share in the agency purchase market during the first quarter, even as securitization of insured mortgages declined. (Includes two data charts.)
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MCT Doles Out Mortgage Pipeline Hedging Strategies

April 14, 2023
Dennis Hollier
The San Diego-based capital markets advisor’s white paper walks originators through the theory of pipeline hedging.
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Remote Work Extends Post Pandemic Emergency

April 14, 2023
Monica Hogan
Although the COVID-19 national emergency was terminated earlier this week, the trend of remote work among mortgage loan officers continues to grow.
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Lenders Must Leverage AI for Fairer Housing Outcomes

April 14, 2023
Sam Manas
While there is potential in the alternative data space to promote fair housing outcomes, the new methods come with their own concurrent risks, according to industry experts.
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Lenders Should Use Secret Shoppers, Stratmor Exec Says

April 14, 2023
Monica Hogan
Feedback from mystery shoppers posing as would-be borrowers could help mortgage lenders meaningfully improve customer experience, according to Stratmor Group.
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Black Knight Touts HELOC Appraisal Tool ‘Validate’

April 14, 2023
James Dohnert
The data analytics firm said its web-based appraisal tool Validate will help streamline the valuation process by removing obstacles caused by traditional in-person appraisals.
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Latest Imf News

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