Citizens Bank maintained its top HEL lender position with $3.10 billion of volume in the third quarter, down 0.9% from the previous three-month period.

Originations of home equity lines of credit and closed-end second liens continued to increase during the third quarter of 2025 but at a slower pace than in the previous quarter.

First-lien originations declined from the second quarter to the third, but the top five lenders boosted their share of production.

Repurchase activity declined by 5.4% from the second quarter of 2025.

The dollar volume of mortgage repurchases by banks declined by 5.4% on a sequential basis during the third quarter. Western Alliance Bank led in loan removals for the second straight quarter. (Includes data table.)

Underwriting for purchase mortgages remained strong while standards for refis loosened somewhat among deliveries to the GSEs in the third quarter.

Loans without mortgage insurance gained some share in the agency MBS market during the third quarter.

Deliveries of high-risk purchase loans to the GSEs saw minor increases in the third quarter. But lenders expanded the credit for such loans in the refi sector. (Includes two data tables.)

The flow of purchase mortgages with some form of mortgage insurance in agency MBS increased in the third quarter of 2025, while refinance business saw a sharp downturn. (Includes two data tables.)

FHFA terminated the advisory committee on affordable, equitable and sustainable housing, and has withdrawn from an international green financing network.