The MBA continues to argue that the credit scores provided by Equifax, Experian and TransUnion are now so similar that lenders shouldn’t be required to pull all three. Credit bureaus disagree.

Conforming loan limits for mortgages sold to Fannie Mae and Freddie Mac will rise by 3.3% in 2026, the smallest increase since 2017.

Several large lenders are offering discounts and promotions to drum up business during a slow time of the year.

Participants in the housing market addressed the House Committee on Financial Services this week, broadly seeking deregulatory measures they said would cure the affordability crisis.

By the end of 2026, the bulk of United Wholesale Mortgage’s servicing will be handled internally, according to CEO and Chairman Mat Ishbia. The nonbank still plans to use subservicers for certain loans.

While government-insured mortgages are assumable, few assumptions are completed due to various obstacles. GSE mortgages were also assumable until the 1980s, when legal issues prompted a change.

The Basel III re-proposal could include relief for mortgages; FICO to release historical data for 10T score.

Lending was down slightly across products in the third quarter. UWM remained the largest conventional-conforming producer and moved into the top spot among originators of government-insured loans. (Includes two data tables.)

The Mortgage Bankers Association has called on lawmakers to end tri-merge requirements for loans sold to the government-sponsored enterprises following reports of increased pricing for credit reports.

Subservicing volume increased during the third quarter but that could change as lending giant United Wholesale Mortgage is set to bring its servicing in-house. (Includes data table.)