Any impact from the landmark 21st Century ROAD to Housing Act could take years, with the Republicans proudly touting that the law doesn’t include any new funding.

Originations were up 27.7% at JPMorgan Chase. BofA posted a similar gain as Chase while Wells Fargo’s production was up more than 40%. Mortgage revenue, meanwhile, declined at Chase and Wells.

The revised Basel proposal doesn’t provide any capital relief for bank holdings of mortgages that carry private mortgage insurance.

PNC's loan sale margin for residential mortgages fell from 2.25% in the first quarter to 2.01% in the second quarter.

The Mortgage Bankers Association said, if implemented, the proposed changes would make it “unattractive for banks to continue to offer” warehouse lines to nonbank mortgage companies.

Applications for refinances with FHA and VA increased by nearly double digits on a weekly basis last week.

JPMorgan Chase originated $21.2 billion of residential mortgages during the second quarter, a 27.7% quarterly increase.

Lenders were a little more lenient about loan-to-value ratios on their deliveries to the GSEs during the second quarter of 2026.

The CFPB is planning a number of rulemaking activities across financial sectors. Many of the actions aim to reduce regulatory burdens.

The share of GSE purchase mortgages with LTV ratios above 80% increased during the second quarter to a level last seen in 2023. However, lenders held firm on credit scores and the high-LTV-ratio share of refi business declined. (Includes two data tables.)