Mortgage rates aren’t expected to move down much even if the Fed cuts interest rates next month; GSE economists slash projections for home price appreciation; ICE integrates origination and servicing platforms to originate home equity loans; majority of homeowners feeling financially stressed.

Many of the top five servicers had declines in either owned servicing or primary servicing during the second quarter of 2025. Much of the market share lost by the largest firms stayed within the top 25. (Includes three data tables.)

After working for more than two years toward a spinoff of Newrez, Rithm Capital paused the effort and will invest in the mortgage unit.

Trade groups representing mortgage companies pressed the CFPB to retain some mortgage servicing standards temporarily established during the pandemic.

Servicing outstanding increased by 2.8% on an annual basis as of the end of the first quarter of 2025. The largest gains in servicing during that time were seen at Ginnie Mae, whole loans at non-depository institutions and non-agency mortgage-backed securities. (Includes two data tables.)

Wells Fargo has the freedom to increase activity in various financial products now that the bank is out from under an asset cap. And officials at the bank have plenty of plans for growth, but not with mortgages.

The bureau could rescind the 2014 loan originator compensation rule, likely creating challenges for the industry, according to attorneys.

Mortgage companies continue to rely on institutional investors to purchase their corporate note offerings. But borrowing costs are on the rise.

The CFPB has sent five regulations to the Office of Management and Budget for review, including the loan originator compensation and mortgage servicing rules.

In response to deregulatory efforts by the Trump administration, the MBA and ABA suggested ways to boost bank mortgage activity.