Latest / Mortgage Research Network Podcast
Banks vs. Nonbank Lenders: The Fed Aims to Reshape Mortgage Lending
Banks once dominated mortgage lending—but today, nonbank lenders control most of the market. Now, the Federal Reserve is exploring changes that could pull banks back in, reshaping competition, regulation, and borrower outcomes in the process. Tim Lucas and Craig Berry break down what’s at stake for borrowers and lenders alike.In this episode you’ll learn:How dramatically the market has shifted: Banks’ share of mortgage originations has fallen from about 60% in 2008 to roughly 35% today.Why the Fed is concerned about nonbank lenders: Nonbanks lack access to emergency liquidity during financial…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.