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FDIC-insured institutions earned a net income of $154.7 billion over the year in 2013, a 9.6 percent increase over the previous year, according to a report released by the agency. “[T]he industry continues to experience difficulty growing revenue,” said FDIC chairman Martin J. Gruenberg. He listed “[n]arrow margins, modest loan growth, and a decline in mortgage refinancing activity” as hindrances to revenue growth.

On a quarterly basis, home prices rose 1.2 percent, marking the tenth consecutive quarter of price increases, according to the Federal Housing Finance Agency's House Price Index report. The price appreciation that took place in the fourth quarter was "considerable, but more modest than in recent periods," said Andrew Leventis, principal economist for the FHFA.

It’s been accepted for the last few years that housing supply hasn’t been able to keep up with demand, contributing to large gains in home prices nationwide—but how do the numbers break down, and how do specific groups of buyers and sellers balance against each other?

Regulators have recently moved to curb growth at non-bank servicers amid concerns about their practices—and that might actually be for the best, say analysts for Moody's Investors Service. At the same time, they worry that companies might attempt to offset any slowdown in growth by shifting business models and originating non-prime mortgages, “a net credit negative.”

Despite reports of declining home affordability nationwide, Trulia’s latest data shows purchasing a home still remains more affordable than renting in the largest markets—though the scale is close to tipping in a few. Mortgage rates would have to climb to 10.6 percent before ownership costs eclipsed rental costs on a national scale, Trulia says in its Winter 2014 Rent vs. Buy Report. For some markets, however, that number dips as low as 5.0 percent.

The Mortgage Bankers Association (MBA) reported a seasonally adjusted 8.5 percent drop in loan application volume for the week ending February 21, bringing application numbers even lower after a 4.1 percent decrease the previous week. “[T]his is the time of year we would expect a significant pickup in purchase activity, and we are not yet seeing it,” remarked MBA chief economist Mike Fratantoni.

According to estimates released Wednesday by the Census Bureau and HUD, new single-family homes sold at a seasonally adjusted annual rate of 468,000, up 9.6 percent from December’s upwardly revised rate of 427,000. Compared to last year, January sales increased 2.2 percent. The overall increase should come as welcome news to a market in slowdown.

Eighty-nine markets nationwide have "fully recovered" to normalized price levels, Homes.com says in its December Local Market Index. That number is up from 87 in the previous report. Mid-size markets saw a large improvement in recovery efforts; 60 of the top 200 mid-size markets have fully recovered previous losses in home prices.

After a slight uptick in December, the annualized growth rate of Freddie Mac's mortgage portfolio dipped back into the negatives in January, with growth clocking in a rate of -1.9 percent. The GSE's monthly volume summary notes the unpaid principal balance (UPB) of mortgage-related investments decreased by approximately $7.1 billion in January.

JPMorgan Chase announced Tuesday it plans to cut an additional 6,000 mortgage banking jobs in 2014 as the bank adapts to a continued spiral in loan demand. The announced cuts come on top of an estimated headcount reduction of 11,000 last year, the bank revealed in an investor presentation. At this time in 2013, JPMorgan was shooting to bring the headcount down at its mortgage wing by 13,000-15,000 over the following two years.