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The homeownership gap between Black and white populations has widened in the years since the Great Recession, putting obstacles in the way of achieving wealth for a large percentage of Americans. How did we get here, and what do the housing and home lending industries need to do to change the current course?

Buydowns, cash offers and rate lock programs can entice prospective homebuyers to move forward in a sluggish market.

Prospective borrowers are still looking at inland hotspots but coastal cities will make a comeback in the next 12 to 24 months with favorable acquisition costs and inventory, according to Guaranteed Rate's top-ranked loan officer.

The top five have over seven billion dollars in total assets as of June 30, 2022.

Two vendors have added non-agency mortgage and co-issue servicing sales respectively, and a government agency has confirmed that it's working on overcoming a hurdle to more scalable eNote use.

While mass firings abound, the employment situation is not moribund for those with certain skills sets in demand.

Also, LoanLogics sees changes at the top, the Mortgage Bankers Association promotes three and Synergy One, Falcon Capital name general counsels.

Those left unemployed say lenders have in some cases cut off critical health insurance retroactively or denied severance or an earned PTO payout. Meanwhile, three firms are accused of skirting WARN disclosures providing advance notice of mass terminations.

The coming months are likely to see greater focus on single-family rentals, reduced credit availability and potential new competitors entering the market.

A combination of fewer mortgage originations and investment losses for some companies contributed to declines.