The first three months of 2025 marked the third consecutive quarter in which the retail channel accounted for less than 50% of total originations.

The Federal Open Market Committee looks unlikely to cut the federal funds rate at its next meeting, in mid-June.

Beginning June 16, custom single-family pools in the Ginnie II program won’t be subject to the 10% concentration limit on mortgages with buydowns.

Mortgage-banking income at banks increased by 65.6% on a sequential basis in the first quarter. Losses were rare among 358 banks reporting mortgage activity in call reports, though Bank of America took a hit. (Includes data table.)

The MBA projects that nearly 30% of originations will be through eNotes in 2028, up from 10% now. eNotes can help reduce costs for lenders and improve customer service, according to industry participants.

Rocket prevails in shareholder lawsuit alleging insider trading; FHFA director looking into mortgage costs; mortgage tech vendor seeing interest from potential buyers.

The auto loan ABS comes even as U.S. Bank scales back its auto lending and servicing.

Two Harbors booked a nearly $200 million contingency liability after a court ruled that the REIT improperly ended a contract with its one-time external manager.

Stop-advance standard for non-agency MBS under consideration; EJF Capital works with Third Coast Bank on another CRT; MISMO proposes standards for electronic HELOCs.

Both the correspondent and broker channels have gained share from the retail channel. The first quarter of 2025 marked the third straight quarter in which retail accounted for less than 50% of total first-lien originations. (Includes six data tables.)