“The increase in bank holdings was the largest quarterly increase of any individual capital source in the history of MBA’s series. For most other capital sources, their holdings of commercial and multifamily mortgages grew at a slower rate than during the second quarter.” --Jamie Woodwell, MBA Head of Commercial Real Estate Research.

CoreLogic, Irvine, Calif., reported homeowners posted average annual equity gains of $34,300 in the third quarter—half the year-over-year increase recorded in the second quarter.

The Consumer Financial Protection Bureau said it does not intend to “initiate enforcement actions or cite Home Mortgage Disclosure Act violations for failures to report closed-end mortgage data collected in 2022, 2021 and 2020” for covered institutions that originated at least 25 closed-end loans, but less than 100 closed-end loans in each of the previous two calendar years.

Fitch Ratings, New York, said stronger headwinds brought on by a slowing U.S. economy and falling home prices will likely weigh on U.S. mortgage insurers next year.

John Walsh is CEO of LERETA, Pomona, Calif. He leads an executive leadership team focused on providing the mortgage and insurance industries accuracy, responsiveness and innovative technology.

The Mortgage Bankers Associations Servicing Solutions Conference & Expo, Roadmap to Servicing Success, takes place Feb. 21-24 at the Hyatt Regency Orlando.