Outstanding home-equity loans fell another 2.0% in 4Q21. Lenders cranked out $181.80 billion in new HELOC draws and closed-end seconds in 2021, including $48.50 billion in the fourth quarter, up a modest 4.1% sequentially but almost unchanged year-over-year. (Includes three data charts.) Read More

Origination profitability has been on a slippery slope the past year, but there are possible signs of stability. Or is that wishful thinking? (Includes data chart.) Read More

According to Nelson Mullins attorneys, the DOJ is conducting statistical analyses on HMDA loan application register data to unearth potential fair lending violations. Read More

Mortgage professionals generally approve of the plan, but say more changes are needed to expand access to credit. Read More

When originations sag, one solution is to add new products, nonprime or otherwise. At least that’s what UWM did this week. Will it work? Read More

Industry participants discussed the challenges to homeownership growth among the U.S. Latino population during the National Association of Hispanic Real Estate Professionals’ annual conference this week. Read More

An increase in the share of minorities working as loan originators could boost approval rates for loan applications by minority borrowers, according to findings from two new studies. Read More

A Fed rate hike is bad news for most home lenders but a gift to owners of mortgage servicing rights. Time to sell receivables? Borrow against them? An interesting year lies ahead. Read More