A sharp drop in jumbo originations in the fourth quarter of 2023 saw the sector’s market share of total first-lien originations narrow. (Includes data table.)
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Top servicers’ jumbo portfolios declined from the third to the fourth quarter of 2023. But from a year ago, servicing volumes were up. (Includes data table.)
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Legislation to increase transparency in the CDFI Fund comes following reported issues with fund staffing and the new CDFI certification application process.
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Falling interest rates are fueling optimism over growth in the fix-and-flip lending space this year, but competition from new homebuilders may dampen market expectations.
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Logan Finance hires new chief of staff; Hometap tops $1 billion in HEI funded products; Primis Bank adopts FICO Score 10 T; LendSure announces new bridge loan product; A&D Mortgage offers leap year promotion.
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