Executives at the credit reporting agencies and scoring companies said the deployment of FICO 10T and VantageScore 4.0 scores will have cascading effects on the primary and secondary mortgage markets.
The Trump administration is running short on time to get more regulatory changes through the pipeline, according to panelists at the Mortgage Industry Standards Maintenance Organization’s fall summit.
Refi volume declined by 32.7% from the first quarter to the second but nearly doubled year to date. Meanwhile, purchase-mortgage originations increased by just 4.7% year to date. (Includes five data tables.)
The increase in the delinquency rate in the second quarter of 2026 erased improvements seen in the first quarter. Delinquencies are also expected to rise through the end of the year. (Includes two data tables.)