The median amount due at application dropped in July.

The regulator, though, says no market participant can account for more than 20% of the GSEs' servicing market.

Delinquencies rose at both nonbanks and banks during the quarter.

Production is cooling off even as interest rates on RTLs decline.

Interest in HEIs for student loan repayment will likely continue to grow given dwindling deferment options.

Leaders of non-QM lenders caution that fraud is a concern with bank statement mortgages and loans underwritten based on business profit and loss statements.

Lenders that have traditionally focused on agency mortgages are boosting originations of non-QMs.

Figure Technology Solutions has used HELOC lending and a loan marketplace to bolster its prospects ahead of an initial public offering.

Velocity Financial reported a busy second quarter of 2025 in terms of securitizations, and leaders of the business-purpose lender expect business to continue to be strong.

Originations of residential transition loans continue to increase, though the annual growth rate has come down in recent months.