The interest rate outlook is looking better for MSR values than it is for mortgage originations. New Fed Chair Kevin Warsh faces headwinds on a rate cut this year, with some economists anticipating that the next move by the central bank will actually be a rate hike.

The parent company of Texas Capital Bank has a new mortgage trading platform, consolidating the asset lifecycle into one offering.

The Trump administration has directed the CFPB to remind lenders that they should consider that deportation and loss of wages are risks when extending credit to certain noncitizens.

The proposal would reinstate several elements of FSOC’s 2019 nonbank designation guidance in addition to some new changes.

Lenders turned down 22.0% of applications received for FHA loans in 2025. The rejection rate on VA mortgages was a more modest 16.1%. (Includes data table.)

The lender has tailored its strategy to help VA borrowers compete in a market where government loans are overlooked in favor of higher-downpayment conventional mortgages or cash buyers.

At the MBA’s secondary market conference this week, non-agency industry participants discussed how to keep non-QM originations flowing through market volatility.

Demand from insurance companies is helping fuel originations of mortgages underwritten with debt service coverage ratios.

Non-agency originations of higher-priced mortgages declined to $32.29 billion in 2025. The loans accounted for just 1.7% of total originations last year. (Includes two data tables.)

Officials at Figure Technology Solutions see home equity lines of credit as a way to get into the residential mortgage market. They plan to expand into other offerings.