Securitization of refinance loans declined sharply from the second to the third quarter of 2025, while purchase-mortgage volume increased moderately. (Includes four data tables.)

Originations of home equity loans in 2025 are on track to top HEL production in 2022, which was the post-2008 peak. The HELOC share of home equity lending is down somewhat from 2022 but still dominates. (Includes three data tables.)

The largest lenders gained a little more market share during the first half of the year. (Includes two data tables.)

A surge in originations helped boost mortgage-banking income in the second quarter, while MSR marks dampened servicing income. (Includes data tables.)