Some $307.0 billion of Cenlar's subservicing portfolio is in the process of leaving Cenlar or has provisions allowing a move to a different subservicer if Cenlar is sold.

Refi originations increased by 96.8% on a quarterly basis in the fourth quarter of 2025. For the full year, refi volume was up 61.2% while purchase-mortgage lending increased by 2.4%. (Includes five data tables.)

The House approved legislation this week aimed at increasing housing supply. Before the vote, President Trump called for an additional provision that wasn’t included.

Pennymac will pay $172.5 million upfront for Cenlar; real estate credit employment declines; GOP senators concerned about NFIP pricing.

The agencies agreed to implement four recommendations from the Government Accountability Office.

When asked Tuesday during Zillow’s earnings call whether mortgage lending is profitable for the company, company officials declined to directly answer the question.

H.R. 6644, the Housing for the 21st Century Act, passed on a 390-9 vote.

The advocates said trade groups representing mortgage companies and others should encourage their members to “liberally grant forbearances, payment deferrals and other accommodations to impacted Minnesotans.”

For part of January, the average interest rate on locks for rate-term refis was below 6.0%.

Ongoing declines to interest rates boosted refinance originations in the fourth quarter of 2025 while purchase-mortgage lending looks to have fallen as part of a seasonal trend.