Both originations and mortgage revenue increased at U.S. Bank in the third quarter.

Underwriting for purchase mortgages remained strong while standards for refis loosened somewhat among deliveries to the GSEs in the third quarter.

"We’re not counting on ultimately a big lift in our mortgage business," said Bruce Van Saun, chairman and CEO of Citizens Financial Group.

FHFA's Office of Inspector General found that FHFA's community support program website “lacked fundamental safeguards,” such as user authentication, access control and privacy documentation.

FHFA's proposed strategic plan includes an emphasis on combating fraud and misconduct.

While Bank of America managed to increase mortgage production in the third quarter, lending was down at Citizens Financial and PNC Financial.

Market share of GSE business from large nonbanks fell from 56.1% for deliveries in the second quarter of 2025 to 53.8% in the third quarter.

Pennymac is set to issue a $291.7 million non-agency mortgage-backed security with GSE-eligible mortgages for primary residences.

Jamie Dimon, chairman and CEO of JPMorgan Chase, suggested reducing regulation to help housing supply and to reduce the cost of mortgages.

Santander Bank is marketing a $289.3 million securitization of closed-end second liens, a first for the bank.