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The number of credit-sensitive borrowers who request alterations in their loan terms for income reduction could be a bellwether for loan performance as pandemic-related contingencies are rolled back.

Republicans have knocked Sarah Bloom Raskin as too liberal on climate change and Lisa Cook as underqualified ahead of a Senate Banking Committee hearing Thursday. Meanwhile, a Democratic senator's illness threatens to stall nomination votes in the full chamber.

Competing against similarly sized lenders in the channel was like battling in the octagon, said founder Jamie Thornton.

Productivity, retention, referrals, and efficiency are key business objectives for the year ahead according to lenders surveyed by Total Expert.

But refinances came in 50% below levels from a year ago, with rate-and-term activity falling by over 40% in the third quarter of last year, according to TransUnion.

Pat Lawler is a former policy director of the Federal Housing Finance Agency.

Jim Lockhart is a former director of the Federal Housing Finance Agency.

Efforts aimed at modernizing outdated sets of PLS mortgage information could facilitate electronic transmissions and benefit lenders looking to broaden opportunities for secondary market sales.

Lily Styrmoe CFP®, CSRIC™ is an advisor with TCI Wealth Advisors passionate about aligning financial goals and values to protect the environment for future generations. She is an industry recognized leader in sustainable, responsible and impact investing. To learn more, visit, tciwealth.co/sustainability.

While low interest rates and low existing-home supply are behind much of the growth, the single-family rental market is also fueling demand.