Nonbank Lenders Are Dominating the Mortgage Market

Wall Street Journal, June 22, 2021–Orla McCaffrey (subscription)
Americans took out more mortgages than ever before in 2020. Most of them didn’t come from banks. Nonbank mortgage lenders in the U.S. issued 68.1% of all mortgages originated in 2020, up from 58.9% in 2019. (MBA mention)