The Basel III re-proposal could include relief for mortgages; FICO to release historical data for 10T score.

Subservicing volume increased during the third quarter but that could change as lending giant United Wholesale Mortgage is set to bring its servicing in-house. (Includes data table.)

Certain MSR buyers have been willing to pay lofty prices in recent years, hoping to recapture borrowers when interest rates decline. There are some questions about whether the moves will ultimately be profitable.

Low volatility and actions by the Federal Reserve are expected to help maintain demand for MSRs. Supply will also be constrained, with lenders generating profits and large firms retaining their MSRs.

Federal operations that were disrupted during the shutdown are expected to bounce back, helping lenders with loans stuck in their pipelines.

Lenders urged the regulator to spell out the GSEs’ conservatorship-era obligations that could apply even if Fannie and Freddie are released.

The fourth-largest credit bureau could help reduce the cost of credit report pulls for mortgage lenders.

Demand for MSRs among investors remains steady even as declining interest rates lead to lower valuations for the assets. The supply of MSR for sale could also increase as lenders originate more mortgages.

The extended partial shutdown of the federal government is putting stress on some mortgage borrowers.

Among the largest servicers, nonbanks increased their portfolios of owned servicing during the third quarter of 2025 and owned servicing at banks continued to decline. Rocket is poised to overtake Chase as the largest firm in terms of owned mortgage servicing. (Includes three data tables.)