Originations of open-ended Home Equity Lines of Credit and closed-end home equity loans increased 50% in 2022 compared to two years earlier. This is according to the Mortgage Bankers Association’s Home Equity Lending Study, released for the first time since 2020.

Mortgage applications decreased 1.8 percent from one week earlier, per the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 21, 2023.

MISMO, the real estate finance industry's standards organization, published the Data Governance and Management Program Implementation Resource Package, which includes a series of templates, guides and educational resources that can be used to establish a Data Governance and Management program within an organization.