A sharp drop in jumbo originations in the fourth quarter of 2023 saw the sector’s market share of total first-lien originations narrow. (Includes data table.)
Top servicers’ jumbo portfolios declined from the third to the fourth quarter of 2023. But from a year ago, servicing volumes were up. (Includes data table.)
Legislation to increase transparency in the CDFI Fund comes following reported issues with fund staffing and the new CDFI certification application process.
Falling interest rates are fueling optimism over growth in the fix-and-flip lending space this year, but competition from new homebuilders may dampen market expectations.