Saturday, July 20, 2024

FHFA, CFPB update mortgage origination data

The Federal Housing Finance Agency and the CFPB released updated loan-level data on Monday, collected through the National Survey of Mortgage Originations.

The 2024 release – the first since December 2022 – includes data on three new survey questions first fielded in 2021.

The latest survey release shows that 70% of respondents said they were very satisfied with their property appraisal and 23% were somewhat satisfied, with just 6% not satisfied. Half of borrowers surveyed expressed unwillingness to move from their primary residence, with a quarter willing and able, 5% willing but unable and 20% not sure.