Office of Research blog: A look at cash-out refinance mortgages and their borrowers between 2013 to 2023

As interest rates increased rapidly throughout 2022, the number of refinance mortgage originations declined. The composition…

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CFPB Mortgage Report Finds Jumps in Closing Costs and Denials for Insufficient Income, Growing Proportion of Cash-Out Refinances

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released its annual report on residential…

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