The inventory of homes for sale is rising and affordability is improving.

Refi applications increased by 23% on a weekly basis last week.

ARMs accounted for 70% of Chase's non-agency production in July.

William Lansing, CEO of Fair Isaac Corp., said the move would encourage lenders to shop for the most lenient credit score in order to qualify more borrowers for GSE loans.

ARMs accounted for 9.5% of residential mortgages locked in July, according to Optimal Blue.

Some $54.47 billion of FHA purchase mortgages were included in Ginnie Mae mortgage-backed securities issued in the second quarter, up 28.9% from the previous quarter.

Anthony Hsieh, the founder of loanDepot who recently returned as CEO of the company, stressed that the nonbank is working on “profitable market share growth fueled by technology innovations.”

Stronger originations and servicing income helped drive Guild to a profit in the second quarter after taking a loss in the first quarter.

United Wholesale Mortgage has all of its servicing with one subservicer as the nonbank builds an in-house servicing operation.

The second quarter of 2025 marked UWM’s highest level of production since late 2021, when interest rates on mortgages were significantly lower.