Veteran mortgage attorney Gus Avrakotos: "With advances in technology, if there ever is a time to seriously consider dispensing with branch office licensing, this is the time."

This early tally — five of the seven typically rank among the top 20 lenders in the nation — suggests the mortgage originations train was holding steady on the tracks, though anecdotal evidence suggests the steam is dissipating.

NewRez had $4.3 billion of loan funding capacity across nine warehouse credit facilities prior to the securitization.

HUD Secretary Marcia Fudge: "The lift is heavy. Black homeownership is less than it was when the Fair Housing Act was passed in 1968 and the percentage of minorities who own homes is a disgrace to the nation.”

United Wholesale Mortgage ceded the top spot after it stopped originating jumbos in March 2020 due to volatility from the coronavirus.

Interestingly, NYCB, which reduced its presence in home lending long ago, will now be a major player once again.

Lenders both large and small are giving back to their communities. Credit the refi boom of 2020?

For now, Blend's IPO documents are confidential. But eventually its financials will hit the street.

FHFA chief Mark Calabria: “The reality is that, in the short run, there will be a pinch on the market, if you will."