The top five banks and thrifts in the ranking have combined home equity loan portfolios of nearly $96 billion as of September 30, 2023. Several increased their home equity loans over the previous year, with one seeing a rise of 115.33%.
Scroll through to see which banks and thrifts are in the top 20 and how they fared in the 12 months ending September 30.
Almost half of parents said their grown children returned to live with them after graduation, placing greater challenges on their own long-term housing and retirement goals, according to a recent survey.
In total, 84 producers from mortgage lenders including Summit Funding and Movement Mortgage have transitioned to Fairway Independent Mortgage.
But the mortgage unit of Intercontinental Exchange narrowed its quarterly losses and touted the addition of several new customers this year in its earnings call.
Mortgage rates reached their highest point since the end of November, seemingly not severely impacting Spring home purchase activity, Freddie Mac said.
The company's branches and loan officers will transition to ML Mortgage but operations staff are not part of the deal.
Like some other servicers, it recorded a positive change in valuations during the first quarter, contrasting a negative adjustment in the previous period.
