Government lending declined across all three major production channels during the first quarter of 2022. However, the correspondent platform was able to significantly boost its market share. (Includes data chart.)

Lender activity in FHA-insured reverse mortgages continued its upward trend in the first quarter of 2022, with some $8.38 billion of loans endorsed. (Includes three data charts.)

In a largely purchase market, the demand for timely appraisals becomes more critical, John Bell, executive director of the VA Loan Guaranty Service, said in an interview.