The top five lenders in our ranking have a combined retail volume of more than $26 billion at the end of the third quarter of 2023. While most lenders saw a decrease in business between Q2 and Q3, one achieved an increase of 15.59%.
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 Q3.
While the lock-in effect on existing supply has helped drive consumer interest in new construction, first-time buyers have been taking a greater share of that inventory.
MV Realty has offered real-estate contracts that call for consumers to trade upfront cash for long-term home sale restrictions, potentially hampering mortgages.
Building on a prior initiative, the Federal Home Loan Bank of Atlanta is making available $5 million in grants to support efforts to assist owners of heirs' property.
In the non-prime pool, owner-occupied properties account for most of the assets, at 55.1%; the amount of investor properties represents 41.6% of the deal.
There is a $446 difference between typical rent payments and typical mortgage payments in New Orleans.
The addition of the software under its brand will help the company better serve smaller lenders as it seeks market share, company leaders said in an interview with National Mortgage News.
