The share of mortgages originated by non-depository, independent mortgage companies decreased in 2022—but still accounted for 60.2% of first-lien, one- to four-family, site-built, owner-occupied home-purchase loans (down from 63.9% in 2021).
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The Week Ahead: Senate Examines the Appraisal Process
The Senate Banking Committee will take a deep dive into appraisal equity, and the implementation of programs and policies related to fair housing and economic opportunities.
Read More »FFIEC Releases 2020 Data on Mortgage Lending
Analyzing nearly 4,500 financial institutions, the Federal Financial Institutions Examination Council (FFIEC) found that racial divides remain among the 22.7 million apps recorded in the marketplace in 2020.
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