Although the origination tally for the third quarter won’t be ready for a few weeks, it feels like it was the best of the year. And some CEOs think the fourth quarter could be even better.

It’s possible that some large lenders are offering 2025 conforming loan limits that are higher than where FHFA will set the limits. If that’s the case, there could be complications but no major concerns.

Insurance companies were some of the largest originators of mortgages when the FHLBanks were created, but that’s no longer the case.

The biggest increases in home equity lending this year have been seen at nonbanks. Rocket Mortgage more than doubled its originations of closed-end second liens in the first half of 2024 from a year ago. (Includes three data charts.)

Depository institutions pulled back, to some extent, from mortgage lending in the first half of 2024 and nonbanks stepped in to fill the void. Nonbanks accounted for nearly 65% of originations in the first six months. (Includes two data charts.)

If you’re in the market for a new CEO, chances are you might find some bargains out there. But only for CEOs of privately held nonbanks.

A Fed board member recently outlined plans for re-proposing bank capital requirements. The FDIC appears to be running into complications.

More than a week after a Fed official outlined a planned re-proposal to adjust capital requirements for large banks, industry participants are still waiting for the formal document.

Borrower demand for home equity loans is expected to continue even as interest rates decline. Meanwhile, nonbank lenders are working to compete with depository institutions for the production.

United Wholesale Mortgage faced a minor setback in its quest to have brokers account for 50% of mortgage originations. Both the retail and correspondent channels gained market share in the second quarter. (Includes six data tables.)