The retail channel’s share of nonconforming mortgage originations ticked down in 2025, to 68.2% from 68.8% in 2024.

Some 68.0% of mortgages originated in 2025 were sold into mortgage-backed securities.

The correspondent channel accounted for 38.0% of government-insured originations in 2025, up from a 34.5% share in 2024.

Some $279.0 billion of home equity loans were originated in 2025.

Just two of the 11 regional FHLBanks managed to increase annual profits from 2024 levels: the Chicago and San Francisco organizations.

Among 19 companies that report details on their mortgage-banking operations, production and secondary marketing income was up 10.5%, while servicing saw a 45.3% increase.

Pension funds and insurance companies are among the investor types that boosted their holdings of residential MBS during the fourth quarter of 2025.

GSE buybacks in 2025 were down 12.8% from 2024 and represented the lowest annual total since 2020.

Some $2.71 trillion of Ginnie servicing was outstanding as of the end of 2025, up 6.8% from 2024.

The $87.67 billion of removals were largely tied to borrower payoffs.