Fitch is hopeful about gain-on-sale margins going into 2025.

The good news: All the firms reported positive income from production, although a few earned less than they had in 2Q24.

The baseline conforming loan limit for a one-unit property will be $806,500 for 2025.

The jumbo share of total first-lien originations narrowed to 12.4% in the third quarter from 13.1% in the second.

The new plans from FHFA focus on efforts for rural markets, manufactured housing and first-time homebuyers.

The top three FHA lenders: UWM, Rocket and DHI...

Tom Rettinger, chief portfolio risk officer at CrossCountry Mortgage, noted that prepayment models were built for a more balanced interest rate environment.

FHA Commissioner Julia Gordon suggested any cut in the mortgage insurance premium would likely wait for the next administration.

Payoffs accounted for 89.1% of total loan liquidations from Ginnie MBS in the third quarter.

The rental income could account for up to 30% of the total income the loan applicant uses to qualify for an FHA mortgage.