Mortgage applications declined by 2.7% on a weekly basis last week.

Chase posted a large drop in production income compared with the second quarter and an increase in net servicing revenue.

The Mortgage Bankers Association launched a housing affordability action plan with 20 policies that can help reduce the cost of housing "with the stroke of a pen."

It's unclear if mortgages can be fully AI-originated and still comply with state and federal laws.

Kieran Brady, chief financial officer at Archwest, said the outlook for the RTL sector remains strong, supported by the long-term need for new housing and renovation of existing homes.

Pulte's planned speaking spot at the MBA conference went from in-person to virtual to canceled.

Refinance business dropped and VA volume declined at a faster pace than FHA business.

Mortgage origination volume is expected to decrease by 5.6% from 2026 to 2027, according to a new forecast by the Mortgage Bankers Association.

Rather than speaking as scheduled today, the MBA said FHFA Director Bill Pulte “hopes to be with us remotely on Tuesday.”

Refi volume in agency MBS issuance declined by 46.3% on a quarterly basis.