Lending to nonbanks is under scrutiny due to some recent performance issues outside of the residential mortgage market.

The total delinquency rate on FHA loans in Ginnie MBS hit 10.90% at the end of September, up 51 bps from the end of June.

The Mortgage Bankers Association is projecting a 25-bp rate cut by the Fed in December and another in the first quarter of 2026.

The lender's gain-on-sale margin declined from 1.22% in the second quarter to 1.14% in the third quarter.

Freddie Mac's income increased by 16.2% on a quarterly basis in the third quarter of 2025.

Originations of mortgages and home equity loans by SoFi nearly doubled in the third quarter of 2025 compared with the third quarter of 2024.

Refis accounted for 57.1% of mortgage applications last week.

Home prices increased by 0.4% on a monthly basis in August, according to FHFA.

In August, Two Harbors Investment recorded a litigation settlement expense of $175.1 million tied to a lawsuit filed by the former external manager of the REIT.

The amount of mortgage servicing rights available for sale declined during the third quarter of 2025.