Although the GSEs have for several months seen declines in the share of investor and second-home mortgage purchases, it remains to be seen whether lenders will continue to deliver these loans into the non-agency market now that the caps have been withdrawn. (Includes two data charts.)

Looking at more than 12 million home appraisals, researchers found that sellers in minority census tracts were more than twice as likely to receive an appraisal below the sale price than sellers in white districts.

Refinance business continue to drop sharply at both GSEs, but Freddie recorded a solid gain in purchase-loan acquisitions. (Includes two data charts.)