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

Market share of GSE business from large nonbanks fell from 56.1% for deliveries in the second quarter of 2025 to 53.8% in the third quarter.

Pennymac is set to issue a $291.7 million non-agency mortgage-backed security with GSE-eligible mortgages for primary residences.

Jamie Dimon, chairman and CEO of JPMorgan Chase, suggested reducing regulation to help housing supply and to reduce the cost of mortgages.

Santander Bank is marketing a $289.3 million securitization of closed-end second liens, a first for the bank.

Mortgage originations increased somewhat during the third quarter at JPMorgan Chase, helped by the correspondent channel.

Loans without mortgage insurance gained some share in the agency MBS market during the third quarter.

Andrew Glass, a partner at the law firm of Nixon Peabody, said he believes the bureau took some time when it put its activities on pause near the beginning of the Trump administration to “think about the scope of the institutions that it wanted to examine.”

FoA will offer the home equity loans through Better’s Tinman platform, a first for the lender, which has focused on reverse mortgages.

Experian joined Equifax in offering free VantageScore 4.0 scores to mortgage lenders that buy certain score bundles.