Onity took a $9 million pre-tax net loss related to sales of reverse mortgages and legacy subservicing transfers, and a $24 million pre-tax net loss tied to unfavorable asset fair value changes.

Zillow Home Loans originated $2.2 billion of mortgages in the second quarter of 2026, nearly doubling its production compared with the second quarter of 2025.

Newly pending listings declined by 7.7% on a monthly basis in July, according to Zillow.

UWM's originations declined by 11.7% on a quarterly basis in the second quarter as refinance activity dropped.

FHA loss-mitigation removals more than doubled from $1.86 billion in the first quarter to $4.74 billion.

The nonbank posted a $6.2 million loss for the second quarter of 2026, after taking a $54.9 million loss the previous quarter.

HomeXpress Mortgage’s origination volume reached $1.1 billion in the second quarter of 2026, up 23.8% from the quarter prior.

After a $1.0 million loss in the first quarter, MFA Financial posted a $46.8 million profit in the second quarter.

Mortgage applications were down on an annual basis last week, according to the Mortgage Bankers Association.

Loan balances up to $300,000 made up the largest cohort of spec-pool issuance, accounting for 9.0% of the transactions in the second quarter.