Cart

Inside Mortgage Trends

July 7, 2023

View Archived Issues

GSE Market Leans Toward Lower-Risk Loans in 2Q

With sales to the GSEs rising sharply in the second quarter, the share of low-FICO purchase loans fell to a record low — while the share of high-FICO loans hit a record high. (Includes two data charts.) Read More

Agency Rebound Tweaks Balance in Primary MI

The vast majority of agency mortgages with primary MI coverage were purchase loans in the second quarter, although the flow of insured refinance business was up a little more. (Includes two data charts.) Read More

Two More Banks Quit Warehouse Lending

Comerica and Fifth Third are departing the warehouse arena. Should nonbanks be concerned that others might follow? Read More

AI Proves Valuable in Mortgage, Adoption Slow

Artificial intelligence can cut down on “stare and compare” tasks. But mortgage originations are so complex, and anxiety-provoking for borrowers, that humans are essential. Read More

Prefunded Mortgage Reserves Can Limit Defaults

Low-income borrowers could divert some of their downpayment funds to a reserve account that would pay loan costs during emergencies in a pilot program proposed by the Urban Institute. Read More

Warehouse Banks: Clients Must Keep Dialogue Going

Warehouse bankers advise lenders to stay in contact with their funders as the market deals with low inventory and volatile interest rates. Read More

Grapevine: Home Price Expectations; FTC’s ICE Hearing Delayed

Home prices expected to decline; FTC hearing on ICE/Black Knight delayed; legal services for AI usage; MISMO updates; accounting proposal on acquired assets. Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

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?

View Results