The GSE share of servicing outstanding fell from 46.4% at the end of June to 46.1% at the end of September.

In the fourth quarter of fiscal year 2025, the average sale price for homes sold by KB Home was $465,600.

The Mortgage Bankers Association said its members see value in switching to short-term liquidation reporting.

Jayendran GS, CEO of Prudent AI, a mortgage tech provider, said the growing presence of AI in underwriting is alleviating some lender fear around the technology.

The Senate on Thursday confirmed Frank Cassidy as FHA commissioner and Joe Gormley as president of Ginnie Mae.

The appeal follows a 2-1 ruling that would allow the Trump administration to greatly reduce staffing levels and activity at the CFPB.

"And you will see this in the new year, I will announce some of the most aggressive housing reform plans in American history," President Trump said.

The House Financial Services Committee approved the Housing for the 21st Century Act on a 50-1 vote.

While purchase-mortgage issuance fell 8.4% to hit the lowest monthly volume since March, refinance activity spiked 44.0% in November.

Locks for mortgages declined by 4.2% on a monthly basis in November, according to Mortgage Capital Trading.