The top five lenders in our ranking have a combined retail mortgage volume of more than $20 billion at the end of the first quarter of 2024. While the majority saw a decrease in business between Q4 2023 and Q1 2024, one achieved a significant increase of 42.91%.
The data was sourced from National Mortgage News'
Scroll through to see which residential lenders are in the top 20 and how they fared in Q1.
Nikitra Bailey, EVP at the National Fair Housing Alliance, says communities of color are more vulnerable to the impacts of climate change because of prior redlining practices. She explains that a HUD rule could make a big difference.
Nearly one-quarter of borrowers now have a rate above 5% as households in this category grow and the number with rock-bottom financing costs slowly recedes.
The Consumer Financial Protection Bureau found forbearance hurdles for borrowers included endgame questions, and also noted a high share of multilingual users.
Household borrowing from mortgages and other loans hit a record, outpacing inflation, a study shows.
Ficklin has been the CFPB's only fair lending director since 2011, establishing the office under Elizabeth Warren and pushing fair lending enforcement beyond mortgages into other financial products such as credit cards.
However, a significant minority, more than one-in-10, stated although they want to buy, they will never be able to afford to do so, Insurify found.
