The correspondent channel accounted for 40.1% of the survey group’s government-insured production in the third quarter, up from 37.7% in the second quarter.

The incentive is tied to the 40th anniversary of the lender.

Although holdings increased overall, two of the four largest players in the market reduced their holdings: Bank of America and Wells Fargo.

Five non-agency mortgage-backed securities started marketing Wednesday.

Interest rates on mortgages at the beginning of 2026 were at a level last seen in September 2024.

Some 69.8% of mortgages originated during the third quarter of 2025 were securitized.

Loans originated by Rocket account for 47.4% of the $672.1 million jumbo MBS Redwood started marketing Tuesday.

CFPB Consumer Advisory Board member Chelsie Evans, executive director of Hawaiian Community Assets, said that for genuine collaboration among the CFPB, lenders and community organizations, “the system must ensure that families do not bear all the risk, while institutions bear none.”

Home prices will increase by 1.3% on an annual basis in 2026, according to projections by Veros Real Estate Solutions.

ARMs made up 15.9% of total first-lien originations in the third quarter, down from a 16.2% share in the second quarter.