Gain-on-sale margins improved in the third quarter, helping to offset a decline in net servicing income. (Includes data tables.)

The parent companies of Planet Home Lending and United Wholesale Mortgage were hit with rating moves by Fitch Ratings, which cited an increase in corporate leverage at the companies.

SoFi Bank posted an 18.2% quarterly increase in retail lending in the third quarter, while the market as a whole contracted. The bank is looking to cross-sell mortgages to its customers. (Includes two data tables.)

The metrics used to determine who’s most likely to be a first-time homebuyer vary, but lenders can assume they’re still probably around their early- to mid-thirties.

The firm urged the Financial Accounting Standards Board to update fair value accounting standards for MSRs so they include recapture metrics.

Nearly 70% of all homebuyers in 2025 didn’t shop with multiple lenders for their mortgage, an increase from 62% in 2024.

CSBS and MISMO said the Mortgage Compliance Dataset will lead to higher quality data while easing costs and freeing up time for lenders and examiners.

Banks and thrifts had a combined $2.49 billion of mortgage-banking income in the third quarter. Western Alliance Bank stood out, more than doubling its earnings from the second quarter. (Includes data table.)

Wholesale-brokers and correspondent aggregators increased their market share in all three major product categories. Retail continued to lead conventional-conforming lending. (Includes two data tables.)

Leaders at the three major credit bureaus, which own VantageScore, expect to see strong revenues and profits as the GSEs allow VantageScore to compete with FICO.