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Only one company, Doma, reported improved results from the year before, but it still took a large loss for the period.

New products that have come to market since the start of 2023 include one that aims to ensure TRID compliance and another that handles image processing for appraisals.

The combined companies, which originated three or fewer loans in the state last year, saw minor growth year-over-year, against an overall 41% drop in volume statewide.

Even with lower new insurance written, the six active underwriters remained profitable.

Homes in the top five states have an average of $222,964 in 2022, according to LendingTree.

These originators are more than holding their own in a largely male-dominated business.

Homes in the top five states have an average of $512,836 in 2022, according to LendingTree.

The top five depositories for home lending have a combined residential portfolio volume of more than $900 billion at the end of Q4 2022.

The top five depository lenders have a combined HELOC volume of more than $93 billion at the end of Q4 2022.

Loss sharing protects against some risks, leaving the acquirer with what could be a valuable asset so long as it can maintain adequate capital and service levels.