The proposal would retain much of the 1995 regulatory framework while making changes to asset size thresholds and narrowing the range of retail banking services subject to CRA standards.

Pennymac laid off origination staff and is counting on technology to keep its lending capacity elevated. Leaders at Newrez and loanDepot are also touting their tech investments.

The non-QM space has seen rapid growth, with more lenders entering the market and a growing cohort of self-employed borrowers.

Homebuying picked up in the summer months after a slower than usual spring season.

New business grew at both enterprises despite an across-the-board decrease in refinance loan acquisitions.

Trade groups urged federal regulators to follow through on an executive order to modernize appraisal requirements.

The industry originated an estimated $570.00 billion of first-lien mortgages during the second quarter of 2026, thanks to a resilient purchase-mortgage market. (Includes two data tables.)

Limited earnings potential from originations and ongoing consolidation are likely to keep the supply of MSRs at healthy levels, according to officials at Annaly Capital Management.

Critics say that, by eliminating “prescribed activities,” FHFA has taken the teeth out of the DTS rule, making it difficult to enforce.

Homebuilders reported a slight decline in incentive use in the second quarter, but still project incentives to remain elevated compared to historical average for the foreseeable future.