Citizens Bank maintained its top HEL lender position with $3.10 billion of volume in the third quarter, down 0.9% from the previous three-month period.

Chase had the most mortgage sales volume in the third quarter among depositories, according to a recent Inside Mortgage Trends analysis of call report data.

The GSE share of servicing outstanding fell from 46.4% at the end of June to 46.1% at the end of September.

While purchase-mortgage issuance fell 8.4% to hit the lowest monthly volume since March, refinance activity spiked 44.0% in November.

Holdings of MBS among REITs increased by 8.4% during the third quarter of 2025.

High-balance loans accounted for 4.4% of total agency MBS issuance in the third quarter.

Among the 10 largest sellers, GSE volume increased on a monthly basis outside of the top three firms.

Repurchase activity declined by 5.4% from the second quarter of 2025.

Agency MBS issuance in November hit a level last seen in August 2022 at the tail end of the pandemic-driven mortgage boom.