No new housing initiatives from President Trump; mortgage applications steady; home prices increase modestly in 2025; Democrats in Senate introduce bill aimed at limiting SFR institutional investors.

Banks had $2.82 trillion of servicing for others at the end of 2025, down 0.6% from the end of September.

United Wholesale Mortgage’s share price declined by nearly 9% Wednesday.

Incentives offered by Hovnanian Enterprises for home purchases appear to be levelling off.

Ryan Dempster, president and CEO of Willamette Valley Bank, cited competition and elevated interest rates as factors that drove the bank away from mortgage lending.

The total delinquency rate declined by 3 basis points on a monthly basis to 3.65% as of the end of January, according to Intercontinental Exchange.

According to Inside Mortgage Finance’s Large Servicer Delinquency Index, the overall delinquency rate increased by 46.6 basis points from the end of September, hitting 3.29% at the end of 2025.

The spike in income compared with the third quarter was largely due to changes in the value of mortgage servicing rights.

Angel Oak Mortgage REIT generated $11.3 million of net income in the fourth quarter of 2025.

“Low interest rates will solve the Biden-created housing problem while at the same time protecting the values of those people who already own a house,” President Trump said.