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.

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

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

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

Rocket was the top issuer of HEL deals in the third quarter, increasing its issuance 27.8% from the second quarter.

The Mortgage insurance firm is in the process of selling its mortgage conduit, Radian Mortgage Capital.

Shutdown-related job losses and furloughs would have the biggest impact on the Washington, DC, metro area, according to Kroll Bond Rating Agency.

Rick Calle previously held the position from 2016 to 2022.

The Securities and Exchange Commission wants to know whether there are regulatory impediments contributing to the lack of public non-agency MBS offerings.