The banking industry continued to pare its servicing-for-others. But MSR values held steady on a quarterly basis at the end of June. (Includes data table.)

The retail channel gained market share in second-quarter agency securitizations as purchase mortgages rose sharply. Credit quality deteriorated slightly. (Includes data table.)

The delinquency rate increased the most on a quarterly basis for FHA mortgages. (Includes two data tables.)

The FHA/VA share of agency business with primary mortgage insurance increased during the second quarter for both purchase mortgages and refis. In the first half of 2026, purchase-mortgage volume with primary MI was up only 2.7% from the first half of 2025. (Includes two data tables.)

JPMorgan Chase remained by far the most prominent seller, with $23.05 billion in volume during the first quarter. (Includes two data tables.)

Earnings were down compared with both the fourth quarter of 2025 and the first quarter of 2025. Some of the biggest banks don’t have particularly high hopes for their mortgage businesses this year. (Includes one data table.)

Repurchases were down nearly 20% compared with the fourth quarter of 2025. Reserves for repurchases also declined. (Includes one data table.)

The volume of loans with primary insurance coverage flowing into agency mortgage-backed securities declined during the first quarter of 2026. FHA refinances in agency MBS issuance were up 8.0%. (Includes two data tables.)

Banks and thrifts decreased the amount of mortgage servicing they handle for other entities in the first quarter. Meanwhile, valuations for the servicing asset increased for the third straight quarter. (Includes data table.)

Denial rates declined slightly last year even as more applicants flocked to get a mortgage. (Includes data table.)