August 18, 2023

Nonbanks Out of the Woods? Earnings Up Sharply in 2Q23

Most publicly traded nonbanks saw substantially improved performance from their mortgage banking operations in the second quarter. But two large firms continued to lose money. (Includes data chart.) Read More

HELOCs Boosted by Debt Consolidation, Renovations

A record number of homeowners are turning to HELOCs to perform renovations on their properties or paydown credit card debt. Read More

Blend: First Market Share, Then Profits

Blend is taking steps to turn a profit after years of losses. The moves include increasing revenue per mortgage transaction and decreasing expenses through layoffs. Read More

Bank Servicing for Others Down, MSR Values Up

Banks and thrifts handled slightly less servicing for others as of the end of June. Still, a metric tracking the fair value of MSRs at banks increased during the second quarter. (Includes data chart.) Read More

Black Lives Matter and Racial Lending Disparities

Community awareness of and reckoning with systemic racism following the BLM protests in 2020 appears to have led lenders to reduce the interest rate gap between Black and white borrowers. Read More

Lenders Turn to Technology to Cut Costs and Streamline Operations

Lenders are entering cost-cutting mode and looking to leverage new technologies to lower overhead while streamlining operations. Read More

Lack of Supply Hindering Homeownership in California

Reform efforts in the state have focused on increasing the inventory of residentially-zoned land while leaving unaddressed underlying cost drivers constraining feasibility, according to researchers. Read More

Grapevine: Mortgage Demand Cooling; ‘Clueless’ on Interest Rates

High interest rates are cutting into demand for mortgages; many consumers’ expectations for interest rates are wrong; ICE and Black Knight move close to merger; servicer using blockchain, lender guarantees underwriting results from AI; Flagstar’s mortgage tech accelerator; mortgage payoff fraud attempts increase. Read More

Inside Mortgage Trends

View Archived Issues

Nonbanks Out of the Woods? Earnings Up Sharply in 2Q23

HELOCs Boosted by Debt Consolidation, Renovations

Blend: First Market Share, Then Profits

Bank Servicing for Others Down, MSR Values Up

Black Lives Matter and Racial Lending Disparities

Lenders Turn to Technology to Cut Costs and Streamline Operations

Lack of Supply Hindering Homeownership in California

Grapevine: Mortgage Demand Cooling; ‘Clueless’ on Interest Rates

Latest Imf News

MBA Pulls Support for Housing Bill, Seeks Changes

Repurchase Activity Declines at Banks in Fourth Quarter

FICO 10T Data Sharing With GSEs Progressing

Income Up, Production Down in 4Q at Velocity

Featured Data

Agency Market Phones It In, Rate Refis Slow in February

Retail Channel Regains Some Share in 2025

Bank Servicing Declines in 4Q, MSR Fair Values Up

Mortgage-Banking Earnings at Banks Level Off in 4Q

Featured Reports

IMF Mortgage Directory: Full interactive database

IMF HMDA Dashboard: 2024

Top Mortgage Players: 3Q25 (PDF)

Lender Profiles 3Q25: Top 25 (PDF subscription)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

Inside Mortgage Trends

August 18, 2023

Download Files:

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?