Rep. French Hill, R-AR, the chair of the House Financial Services Committee, was critical of initiatives by Bill Pulte, director of the Federal Housing Finance Agency.

A $2.29 billion reversal in net interest gains and a $1.29 billion provision for losses dampened net income in 2025.

Some $307.0 billion of Cenlar's subservicing portfolio is in the process of leaving Cenlar or has provisions allowing a move to a different subservicer if Cenlar is sold.

Redwood Trust posted a net income of $20.0 million in the fourth quarter of 2025.

The refi share of GSE business saw its first monthly decline since July, slipping from 37.9% in December to 37.4% in January.

Profits declined by 9% compared with the third quarter.

Ranking Member Maxine Waters, D-CA, praised the House's bipartisan effort to pass the Housing for the 21st Century Act, but said one bill isn't enough to fix the housing affordability crisis.

The agencies agreed to implement four recommendations from the Government Accountability Office.

When asked Tuesday during Zillow’s earnings call whether mortgage lending is profitable for the company, company officials declined to directly answer the question.

Rocket is the first nonbank to have the largest portfolio of owned servicing thanks to its acquisition of Mr. Cooper Group.