Rocket was the top bulk seller with a sharp increase in transfers, but a number of other sellers pulled back. Coissuance activity increased somewhat from the second quarter. (Includes three data tables.)
FHA mortgages accounted for 32.1% of overall purchase-mortgage volume with primary MI in the third quarter, losing share to private MIs and the VA. (Includes two data tables.)
Mortgage originations through banks’ retail channel increased by 17.2% from the first quarter to the second. Mortgage sale activity was also up, by 6.7%. (Includes two data tables.)
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 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.)
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.)