Gormley said Ginnie Mae is working with the Mortgage Bankers Association and the Housing Policy Council on the effort.

Michael Tannenbaum, CEO of Figure Technology Solutions, said some lenders are on the verge of shifting some of their mortgage business from the GSEs to FTS.

The Senate is poised to vote on legislation aimed at addressing housing affordability.

Banks had $2.82 trillion of servicing for others at the end of 2025, down 0.6% from the end of September.

United Wholesale Mortgage’s share price declined by nearly 9% Wednesday.

Incentives offered by Hovnanian Enterprises for home purchases appear to be levelling off.

Ryan Dempster, president and CEO of Willamette Valley Bank, cited competition and elevated interest rates as factors that drove the bank away from mortgage lending.

The total delinquency rate declined by 3 basis points on a monthly basis to 3.65% as of the end of January, according to Intercontinental Exchange.

According to Inside Mortgage Finance’s Large Servicer Delinquency Index, the overall delinquency rate increased by 46.6 basis points from the end of September, hitting 3.29% at the end of 2025.

The spike in income compared with the third quarter was largely due to changes in the value of mortgage servicing rights.