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The jump for second mortgages and bank cards was even more pronounced, according to indices published by Standard & Poor’s and Experian.

Federal Housing Finance Agency Director Sandra L. Thompson told lawmakers on Wednesday that the agency would consider “foundational questions about mission, purpose, and organization” of the Home Loan Bank System.

Jill Klindt is CFO, senior vice president, treasurer and chief accounting officer at Workiva. Her career spans more than 20 years with experience in financial management and business leadership.

Purchases and refinances both came in lower, with overall volumes 60% below numbers from a year ago.

Amy Kadomatsu is CEO of ComplySci, a provider of regulatory technology and compliance for financial services enterprises.

The number of homes for sale rose for the first time in three years, loosening inventory. Still demand continues to drop in the face of economic downturn.

Relatively cheap housing in smaller cities and towns is rising as remote work allows flexibility for where Americans can live.

Others in the mortgage industry have been known to take a page from the company’s innovative digital strategies, but using Truebill’s tech as a countercyclical strategy for recurring revenue and lead generation may be too pricey for most lenders to imitate.

The firm’s latest offering to solidify its fintech bona fides touts 10-minute applications and funds up to $50K delivered within hours.

New single-family home mortgage applications, housing starts and industry sentiment all came in at their lowest since 2020.