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In a Jan. 1 reshuffling the mortgage giant also promoted its former wholesale chief to chief revenue officer of Rocket Mortgage.

The impact of a weakening economy on quarterly performance will become clearer by the second week of January as banks begin to report fourth-quarter earnings.

Increases in values were more likely to stick across the Central U.S, while pandemic boomtowns experienced the biggest declines in median housing costs, according to Realtor.com.

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.

Headlines about devastating layoffs and major mergers got the most traction with the industry in a year marked by rising interest rates and sinking originations.

Also, Rice Park ups venture capital funding team, Planet Home opens branches in mid-Atlantic and Union Home names Texas regional manager.

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

Among U.S. financial regulators, Chopra is the one who bankers fear the most. His agency is expected to battle with the financial industry in 2023 on topics ranging from discrimination to fees and the bureau's funding mechanism.

The past 12 months were chock full of impactful changes to the home lending industry but keep an eye on these in particular in the new year.

The top five had more than thirty billion dollars in retail lending in Q3.