Tagged: Federal Reserve Bank of New York

Second-lien strategies and Non-QM products are helping originators unlock equity without forcing borrowers out of low-rate first mortgages

Household debt climbed in Q4 2025 as mortgage balances and delinquencies edged higher, highlighting emerging credit stress and renewed second-lien opportunity for originators heading into 2026

Borrowers pay down mortgage debt in December, shy away from buying new homes, analysis finds

"White-collar consumers" experiencing financial strain, compounded by ongoing slump in white-collar employment.

The average rejection rate for mortgage applications increased by 8.6 percentage points to 20.7% in 2024, well above the 2019 rate of 10.2%.

Mortgage originations for 4Q 2023 hit $394 billion.

Inflation and earnings dip, but credit access and financial optimism brighten the economic landscape, reveals NY fed's survey.

Consumer credit preferences shift as households anticipate reduced demand for credit cards, mortgages, and auto loans in the coming year.

Inflation expectations see minor fluctuations, while concerns about job security and household finance intensify.

Fed survey depicts a labor market with improved job satisfaction but mounting concerns about future employment.