The spring homebuying season helped to increase purchase-mortgage lending by 40% from the first quarter to the second. Still, the purchase sector lost some market share in the first half of the year as refi business percolates. (Includes five data tables.)
A proposal from the Urban Institute calls for a revamp of the refi process to make it more equitable for lower-income borrowers and borrowers of color.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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