Origination

Prices were up by less than 9% year-over-year, according to CoreLogic's report.

The sleepy Federal Home Loan Bank System is under intense scrutiny as critics push for more oversight and increased affordable housing while supporters say the system works well for member banks.

The demographic of buyers between ages 25 to 41 also topped demand for repeat home purchases, a metric different from second-home and investor acquisitions.

House hunting activity also slowed in December, with home tours declining 69% from the start of the year, a Redfin report found.

NexBank will provide a line of credit of $200 million, $68 million lower than what it supplied in 2022.

The 30-year fixed rate surged 15 basis points from a week earlier but ends 2022 at more than twice its mark from a year ago.

The laws will go on the books later next year as part of an effort to provide builders with new tools to deal with the California's lack of land for new residential construction.

Special purpose credit programs, down payment assistance and potential mortgage insurance premium cuts came into focus over the past year.