The prepayment rate on agency MBS reached the highest level in 11 months in September, with another increase expected in October.

Equifax and Experian made similar moves recently.

Both originations and mortgage revenue increased at U.S. Bank in the third quarter.

Underwriting for purchase mortgages remained strong while standards for refis loosened somewhat among deliveries to the GSEs in the third quarter.

FHFA's Office of Inspector General found that FHFA's community support program website “lacked fundamental safeguards,” such as user authentication, access control and privacy documentation.

FHFA's proposed strategic plan includes an emphasis on combating fraud and misconduct.

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.