CFPB publishes 2023 HMDA data report, mortgage and originations drop
By EsqSocial Corporation 27/12/24
On December 13, the CFPB published a report based on HMDA data collected from financial institutions, highlighting trends and changes in 2023 residential mortgage lending. Based on the HMDA data, the CFPB observed a decline in both total mortgage loan applications and originations across all loan types for 2023, with applications dropping by 30.3 percent and originations dropping by 32.2 percent....
By: Orrick, Herrington & Sutcliffe LLP