The second-quarter results included big increases in revenue from ecosystem and technology fees and gains on servicing.

Some $108.0 billion of non-jumbo nonconforming mortgages were originated in 2025, according to Inside Mortgage Finance. That was a 66.2% jump from 2024.

Ginnie will allow trial payment periods to count toward the agency’s seasoning requirements.

A group of 26 banks reported $1.27 billion in mortgage earnings for the second quarter, up 3.8% from the first quarter.

Demand for both purchase mortgages and refinances increased last week, helped by a slight decline in interest rates for mortgages.

The refi share of agency MBS issuance slid to 24.1% in July after accounting for 45.1% in March.

Rise Economy successfully sued to stop the OCC’s 2020 CRA final rule from being implemented.

UWM alleges that Two Harbors’ management “embarked on a stealth mission of subversion, calculated inaction and outright lies designed to kill the UWM merger.”

The rating service is treating the $1.65 billion of equity provided by Oaktree Capital Management and the Ishbia family as debt for UWM rather than as equity.

CrossCountry Mortgage's latest deal is comprised of closed-end seconds from Button Finance and CCM.