The correspondent channel gained market share from both the retail and broker channels in the first half of 2025. (Includes data table.)

Some lenders announced increases in their conforming loan limits before an official announcement from the Federal Housing Finance Agency for 2026 limits.

Since 2009, Hanover Bank, a small community bank in New York, has had a strong focus on the non-agency market.

Several states are taking a closer look at home equity investment offerings, with some courts finding that they are exploitative.

American Pledge Foundation, a nonprofit, has launched a sustainable homeownership program that establishes a safety-net fund equal to 5% of a home’s value for the first five years of a loan.

Non-QM lender Pacaso receives $100 million credit facility from Texas Capital; Merchants Bank is using Blue Sage Solutions’ digital lending platform for its jumbo correspondent lending program.

PennyMac, the largest correspondent lender in the industry, will begin offering non-qualified mortgages later this month. The move could be a major boost for the sector.

The impairment rate on securitized non-qualified mortgages dropped on a monthly basis in July. However, the rate was still up from a year ago.

An evolving regulatory environment under the Trump administration has created new interest in mortgages backed by cryptocurrency like Bitcoin and Ethereum.

The lawsuit alleges that PML engaged in a fraud scheme over four years that allowed it to sell loans multiple times.