The total delinquency rate on FHA loans in Ginnie MBS hit 10.90% at the end of September, up 51 bps from the end of June.

The Mortgage Bankers Association is projecting a 25-bp rate cut by the Fed in December and another in the first quarter of 2026.

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

Redwood Trust reported a loss of $7.7 million for the third quarter of 2025.

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

The spec-pool share of new GSE MBS issuance hit 47.3% in the third quarter.

Refis accounted for 57.1% of mortgage applications last week.

In August, Two Harbors Investment recorded a litigation settlement expense of $175.1 million tied to a lawsuit filed by the former external manager of the REIT.

The amount of mortgage servicing rights available for sale declined during the third quarter of 2025.

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