The Ohio-based bank had $43 million in mortgage-banking income in the third quarter, up 54% from the second quarter.

The prepayment rate on agency MBS reached the highest level in 11 months in September, with another increase expected in October.

Equifax and Experian made similar moves recently.

Home prices have ticked down on an annual basis for 10 consecutive months.

Both originations and mortgage revenue increased at U.S. Bank in the third quarter.

Underwriting for purchase mortgages remained strong while standards for refis loosened somewhat among deliveries to the GSEs in the third quarter.

"We’re not counting on ultimately a big lift in our mortgage business," said Bruce Van Saun, chairman and CEO of Citizens Financial Group.

FHFA's Office of Inspector General found that FHFA's community support program website “lacked fundamental safeguards,” such as user authentication, access control and privacy documentation.

FHFA's proposed strategic plan includes an emphasis on combating fraud and misconduct.

While Bank of America managed to increase mortgage production in the third quarter, lending was down at Citizens Financial and PNC Financial.