FHA spread widens; MBA dispels rumor about False Claims Act lawsuits; Ginnie digitizes multifamily claims.

An estimated $94.00 billion of adjustable-rate mortgages were originated in the fourth quarter, up 20.5% from the third quarter. For the full year, volume shot up 44.7% to an estimated $298.00 billion. (Includes data table.)

In the month since announcing its partnership with Tradeweb, Maxex has seen growth in its digital exchange platform. The company also made updates to its non-QM Select 5 program.

If originators moving into the non-agency space are not careful with product types unfamiliar to them, there can be risk and operational ramifications downstream.

In 2025, the correspondent channel gained market share in the nonconforming market from the retail and broker channels. (Includes two data tables.)

The American Association of Private Lenders issued the alert because of concerns that the fraud patterns could be widely replicated.

The company’s Lone Star Residential Mortgage Fund IV aims to invest upwards of $10 billion in non-agency mortgages.

Huntington National Bank’s physician lending business expects growth in mortgage originations and has exhibited strong performance.

Non-QM impairments rise in February; new automated underwriting system for jumbos; Flourish Lending looks to help independent advisors compete with banks.

S&P was the top ABS rating service in the fourth quarter and finished narrowly behind Fitch for all of 2025. Kroll held the top spot in MBS ratings for the year despite a strong challenge from Fitch. (Includes two data tables.)