Rocket Mortgage’s deliveries ebbed 3.4% from July, to $7.76 billion, but its edge over United Wholesale Mortgage expanded as the latter saw a 13.1% monthly decline in GSE sales to $5.81 billion.
Under the draft revisions to the FHA handbook, FHA would accept the property condition and quality ratings scale used by the government-sponsored enterprises.
“Margins this quarter were impacted by competitive pricing within the industry, especially with larger mortgage originators, better pricing on new deals and a higher proportional mix of larger clients with lower risk-adjusted pricing relative to the prior quarter,” said Kevin Comps, president and secretary of Northpointe Bank.
Funds managed by American Mortgage Investment Partners Management submitted the winning bids for the most recent sale and for one of the sales conducted in July 2025.
Settlement service companies must demonstrate that the goods and services are actual, necessary and distinct, and that payment is commensurate with the value of services and goods.