The lender's gain-on-sale margin declined from 1.22% in the second quarter to 1.14% in the third quarter.

Freddie Mac's income increased by 16.2% on a quarterly basis in the third quarter of 2025.

Originations of mortgages and home equity loans by SoFi nearly doubled in the third quarter of 2025 compared with the third quarter of 2024.

Refis accounted for 57.1% of mortgage applications last week.

Mortgage-related complaints submitted to the CFPB increased by 6.9% on a quarterly basis in the third quarter.

Home prices increased by 0.4% on a monthly basis in August, according to FHFA.

“Treasury is focused on ensuring that modernization of our capital framework ends the arbitrage that drives bank lending to nonbanks,” said Treasury Secretary Scott Bessent.

Residential mortgage originations declined by 2.0% on a quarterly basis in the third quarter of 2025.

“A dampened summer home-buying market weighed down PrimeLending’s operating results,” said Jeremy Ford, chairman, president and CEO of Hilltop Holdings, which owns the mortgage lender.

Investor demand is fueling issuance of MBS and ABS to record levels without declines in underwriting standards.