Most of the gain came at the cost of the correspondent channel.

The bureau's information security program has regressed from fiscal 2024.

Foreclosure starts rose nearly 20%, while completed foreclosures were up 32% from last year.

Rate-term refi deliveries to agency MBS more than doubled on a monthly basis to $25.37 billion in October.

The bureau said the amendments would facilitate compliance with ECOA by clarifying the obligations imposed by the statute.

Compared with a year ago, applications for purchase mortgages were up more than 30%.

If the GSEs continue the long-term path of reducing the size of their portfolios, that’s not necessarily attractive for potential investors in a capital raise by the GSEs.

“Many prospective homebuyers are watching the news of weakness in the economy and are carefully monitoring their own economic situations,” said Lisa Sturtevant, chief economist at Bright MLS.

The CFPB isn't planning on seeking funding from the Federal Reserve due to a technicality and the bureau is uncertain if Congress will provide appropriations when funding runs out in early 2026.

Production and sales revenue lifted mortgage-banking income at a number of banks in the third quarter.