Originations

The top five lenders have a combined second-lien volume of more than $95 billion at the end of Q1 2023.

But a large gap exists in the degree of energy and investment depository institutions put in their customer acquisition efforts versus nonbanks, according to Arizent research.

Originations in the government-insured market also have been higher following the reduction in the Federal Housing Administration's premium.

But Zillow's rate tracker came in flat, while Optimal Blue's rose 10 basis points from its low last Thursday.

Approximately 320,000 properties valued up to $256,000 are missing from the market, a report from the National Association of Realtors and Realtor.com found.

The bill would update mortgage revenue bonds and credit certificates, which are both administered by housing finance agencies.

The top five lenders wrote a combined total of more than $34 billion in home loans during the quarter.

A larger share of sellers were optimistic in May, but the percentage of enthusiastic buyers fell, according to Fannie Mae's Home Purchase Sentiment Index.

The GOP has launched multiple proposals with this aim and a trade group is specifically backing an expansive one from Rep. Warren Davidson, R.-Ohio.

Government-backed activity, though, managed to grow, which helped to shrink purchase-loan sizes to their smallest in over two months, the Mortgage Bankers Association said.