The MBA now projects that the unemployment rate will hold at 4.3% through the end of the third quarter of 2026, before rising to 4.4% in the fourth quarter.

Much of the decline was from activity with seasoned mortgages.

Warehouse lending balances at Northpointe Bank increased by 36.3% on an annual basis to $3.94 billion as of the end of June.

"We’re comfortable with risk from many of the sellers out there that are already making those loans and selling them elsewhere," said Jason Harris, co-founder and CEO of Button Finance.

Equity Prime Mortgage, AmeriTrust Mortgage and OCMBC had their DE approval terminated in several regions.

Average condo prices declined by 0.7% on an annual basis as of mid-July, according to Intercontinental Exchange.

The correspondent aggregator's volume was up 14.1% on a quarterly basis.

Union Home Mortgage acquired the origination assets of non-qualified mortgage lender AmeriTrust Mortgage Corporation.

Annaly generated $827.8 million of net income in the second quarter, nearly tripling its income from the first quarter.

Mark Begor, CEO of Equifax, dismissed concerns that mortgage lenders are looking at scores from both FICO and VantageScore to determine which score to use with mortgages delivered to the GSEs.