Large Bank Supervision Forum 2023

Internal Use Only

Mortgage Market Update and Nonbank Mortgage Review March 7, 2023 Kevin Byers, Sr. Director – CSBS Nonbank Supervision and Enforcement kbyers@csbs.org

Internal Use Only

Rapid rate increases and subsequent volatility has wreaked havoc on the mortgage industry

Source: Black Knight/Optimal Blue Mortgage Market Indices, 3/1/2023, https://www2.optimalblue.com/obmmi/