Some 85% of 2024 comp for Rocket's CEO Varun Krishna came from stock awards.

Lenders tightened their underwriting standards somewhat in 2024 issuance, dv01 noted.

Refi activity was up 27.1% from the first quarter and purchase volume rose 19.1%.

The share of GSE purchase mortgages with credit scores of at least 740 increased from 73.8% in the first quarter of 2025 to 74.6% in the second quarter.

In some regards, 2024 was a better, but trying, year for mortgage bankers. A handful of publicly traded shops gave nice pay raises to those in the C-suites. (Includes data table.)

FHA purchase-mortgage business in Ginnie Mae MBS hit $54.47 billion in the second quarter of 2025.

Large nonbanks accounted for 56.1% of GSE deliveries in 2Q25.

Loan brokerage firms had 83,600 workers on their payrolls as May closed out, off 100 from April 30.

Both the correspondent and broker channels increased their market share recently.

PennyMac was the top correspondent lender of government mortgages in 1Q25.