FHFA Expands Statistical Products From The National Mortgage Database

Jul 01, 2021

Director of Events

The Federal Housing Finance Agency revamped its National Mortgage Database with new, expanded statistical products for the first time since 2018.

With the revamp, the FHFA added national statistics for new residential mortgage originations to include monthly, quarterly and annual series for home purchase and refinance mortgages in all major market segments, according to a press release.

Additionally, users will find a new series of national and state-level statistics for outstanding residential mortgages and an expanded series of national mortgage performance statistics for different market segments.

“These enhancements to the National Mortgage Database will help users better understand emerging mortgage and housing market trends,” said Dr. Lynn Fisher, FHFA's deputy director of Research and Statistics. “Today's updates reflect FHFA's commitment to data transparency and accessibility, ensuring that accurate, comprehensive information is readily available for monitoring the mortgage market.”

According to the new information, overall purchase mortgage originations increased 8% from the third quarter of 2019 to the third quarter of 2020. During the same interval, first-time homebuyer purchase originations increased 10.5% compared to a 5.6% increase for repeat homebuyers. In contrast, refinance originations more than doubled in the same interval as the average contract rate dropped from 4.1% to 3.3%.

About the author

Navi Persaud

Director of Events

Navi Persaud is Director of Events at NMP.

Link copied

Published

Jul 01, 2021

Opinion

Marketing AI Is Where The Fair-Housing Bodies Are Buried

The industry is auditing the wrong half of the lending stack

For the past two years, the mortgage industry’s fair-lending debate has focused almost entirely on underwriting: adverse action notices, model explainability, Shapley values, and Regulation B (Reg B) compliance after the April 22, 2026 amendment. Those issues dominate the wo...

Opinion

How To End A Real Estate Agent Relationship Professionally

When communication breaks down, expectations don't align, or respect disappears, LOs may need to move on — without burning bridges

Loan originators talk all the time about winning the trust of real estate agents. How to prospect them, how to add value, how to earn referrals. But there is another conversation we do not have enough of.Sometimes, as a loan originator, you need to fire a real estate agent....