Latest News

Retail Channel’s Share of Originations Increases in 2Q
September 11, 2026
The retail channel accounted for 53.7% of originations in the second quarter.
FHA to Allow VS4, FICO 10T at Beginning of 2027
September 11, 2026
FHA plans to begin accepting VantageScore 4.0 and FICO 10T credit scoring models on Jan. 1.
HPC Working on Data Repository for Mortgages
September 11, 2026
The trade group seeks industry comment on a plan to centralize data on the loans collateralizing both agency mortgage-backed securities and non-agency MBS.
Interest Rates Hit Another High for the Year
September 11, 2026
“Next week’s [Fed] meeting will be key, as the inflation and economic outlook will help shape the path of rates and homebuyer demand,” said Bob Broeksmit, president and CEO of the Mortgage Bankers Association.

Jumbo
Non-Agency Jumbo Lending Increases in Second Quarter
Non-agency jumbo mortgage production increased by 25.0% on a quarterly basis in the second quarter to an estimated $90.00 billion. (Includes data table.)
Government-Insured Originations
FHA, VA Production Strong Even as Refis Decline in 2Q
Refinances of loans insured by the Department of Veterans Affairs declined in the second quarter, according to an Inside FHA/VA Lending analysis and ranking of endorsement data. (Includes three data tables.)
Investors
Banks See Modest Increase in MBS Holdings, Ginnie Gains
Most of the increase in banks’ MBS investment was in Ginnie Mae pass-throughs, which grew a modest 1.5% from the first quarter. Holdings of non-agency securities declined. (Includes two data tables.)
Originations
All Products Gained in 2Q But Agency Market Lagged
The conventional-conforming sector lagged in an otherwise upbeat mortgage market. (Includes two data files.)
Inside FHA/VA Lending
Slowing Refis Drag on Ginnie Issuance in July
Issuance of Ginnie Mae mortgage-backed securities eased in July as securitizations of refinances dropped. (Includes two data tables.)
Servicing
Chase Non-Agency RMBS Servicing Rebounds in 2Q
JPMorgan Chase was the only servicer among the top five that handled new servicing on non-agency mortgage-backed securities to post a quarterly increase during the second quarter. (Includes data table.)

Inside Mortgage Finance

Retail Lending Takes Some Share From Brokers in 2Q
Retail originations increased by 10.5% on a quarterly basis in the second quarter of 2026. That pushed the channel’s share of total first-lien originations to 53.7%. (Includes six data tables.)
FICO Monopoly at GSEs Comes to an End
VantageScore 4.0 is now available to all Fannie Mae and Freddie Mac sellers. And FHFA Director Bill Pulte is pondering ending the tri-merge standard.
- Rocket Intensifies Broker Competition With UWM
- MBA Sues New Jersey Over Disparate-Impact Rule
More Inside Mortgage Finance

Inside MBS & ABS

Homebuying Boosts Agency MBS Issuance in August
September 10, 2026
United Wholesale Mortgage was the top seller of agency purchase loans last month, while Rocket Mortgage topped in agency refinances. (Includes two data tables.)
HUD Pulls Ginnie Reorganization Plan Without Explanation
September 10, 2026
The document briefly available on the Federal Register late last week described the creation of a new division at Ginnie Mae to address the need for greater data and market analysis.
HPC Proposes Creation of Mortgage Data Repository
September 10, 2026
The trade group envisions a modern records retrieval system that eliminates the need to move the loan documents associated with mortgages that collateralize both agency MBS and non-agency MBS.
Rating Services Preparing for New Credit Score Models
September 10, 2026
Rating services are preparing rating criteria that will consider the impact of loans underwritten using VantageScore 4.0 and FICO 10T.

More Inside MBS & ABS

Poll

Inside Nonconforming Markets

Banks Resume Adding to Mortgage Holdings in Second Quarter
September 11, 2026
Total first-lien mortgage holdings among banks and thrifts increased by 0.7% from the end of March to the end of June. During the first quarter, the depositories slightly reduced their mortgage holdings. (Includes data table.)
Carrington Mortgage Expands Guidelines for Non-QMs
September 11, 2026
Carrington Mortgage Services said one of the changes included lowering the eligibility threshold for an alternative-documentation borrower to a FICO score of 550.
Experts Highlight Mortgage Fraud Red Flags
September 11, 2026
Industry experts suggest that mortgage lenders educate themselves on fraud red flags and ensure proper safety procedures are in place.
Non-QM Lender Launches Private Client Lending Platform
September 11, 2026
Mbanc started a private client lending platform to fill an overlooked part of the non-QM market.

More Inside Nonconforming Markets

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Inside Mortgage Trends

Banks’ Mortgage Income Down in First Half
September 4, 2026
Mortgage-banking income declined by 6.1% on an annual basis in the first half of the year. At Chase, the largest bank in the mortgage market, a drop in servicing revenue more than offset an increase in production revenue. (Includes one data table.)
Mortgage Companies Grappling With AI Governance
September 4, 2026
GSE officials suggested that a robust governance framework can help firms responsibly scale use of AI. Industry participants are also facing increasing risks from the technology.
Mortgage Repurchases by Banks Increase in 2Q
September 4, 2026
Repurchases and indemnifications by banks and thrifts increased by 16.5% from the first quarter to the second. Repurchase reserves declined by 3.9% during that time. (Includes one data table.)
Lenders Using AI to Help Buyers 24/7
September 4, 2026
Lenders are turning to artificial intelligence to reach borrowers even when loan officers are off the clock.

More Inside Mortgage Trends

Inside FHA/VA Lending

Ginnie MBS Issuance Down in August as Refi Slide Continues
Refinance volume included in Ginnie Mae mortgage-backed securities slipped for the fourth consecutive month in August as interest rates climbed higher. (Includes two data tables.)
FHA to Accept VantageScore, FICO 10T Starting Jan. 1
FHA plans to begin accepting loans underwritten using the new scoring model on a wide scale, rather than via a limited rollout.
HUD Withdraws Reorganization Plans
The Department of Housing and Urban Development quickly withdrew a cost-benefit document, which outlined reorganization plans.
Trade Groups Voice Concerns Over VA Disclosures
Industry groups urged FHA to flesh out and update the disclosures for VA mortgages that will be added to FHA mortgage applications as a result of Congress’ new housing law.

More Inside FHA/VA Lending

Premium Newsletter Content

Inside Mortgage Trends
Banks’ Mortgage Income Down in First Half
Mortgage-banking income declined by 6.1% on an annual basis in the first half of the year. At Chase, the largest bank in the mortgage market, a drop in servicing revenue more than offset an increase in production revenue. (Includes one data table.)
Inside Mortgage Finance
Retail Lending Takes Some Share From Brokers in 2Q
Retail originations increased by 10.5% on a quarterly basis in the second quarter of 2026. That pushed the channel’s share of total first-lien originations to 53.7%. (Includes six data tables.)
Inside Nonconforming Markets
Banks Resume Adding to Mortgage Holdings in Second Quarter
Total first-lien mortgage holdings among banks and thrifts increased by 0.7% from the end of March to the end of June. During the first quarter, the depositories slightly reduced their mortgage holdings. (Includes data table.)
Inside MBS & ABS
Homebuying Boosts Agency MBS Issuance in August
United Wholesale Mortgage was the top seller of agency purchase loans last month, while Rocket Mortgage topped in agency refinances. (Includes two data tables.)
Inside the CFPB
House Republicans Formally Introduce CFPB Reform Bill
The bill would place the CFPB under the regular appropriations process, limit its authority to define financial practices as abusive and take away its ability to seek monetary relief in certain circumstances.
Inside The GSEs
Big Bank Borrowing Boosts FHLBank Profits in 2Q
An increase in outstanding advances in the second quarter helped offset lower margins at the FHLBanks. (Includes three data tables.)
Inside FHA/VA Lending
Ginnie MBS Issuance Down in August as Refi Slide Continues
Refinance volume included in Ginnie Mae mortgage-backed securities slipped for the fourth consecutive month in August as interest rates climbed higher. (Includes two data tables.)

Inside The GSEs

Big Bank Borrowing Boosts FHLBank Profits in 2Q
An increase in outstanding advances in the second quarter helped offset lower margins at the FHLBanks. (Includes three data tables.)
Pulte Opens VantageScore to All Lenders
Frustrated with FICO and the big three credit reporting bureaus, the FHFA director abruptly ushered in the era of two competing credit scores.
More Inside The GSEs

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?