A group of 26 banks increased their mortgage earnings by 3.8% on a quarterly basis during the second quarter. Six months into the year, earnings were down 1.0% compared with the first half of 2025, with interest rates weighing on production. (Includes two data tables.)

In the second quarter of 2026, Intercontinental Exchange generated its best earnings from its mortgage technology segment since 2022. ICE is optimistic that its AI tools will drive future revenue.

Daniel Lewis, the new interim CEO of Better Home & Finance, wants the company to focus on “very select ideas that have a demonstrated product market fit.”