Mortgage loan production volume at three of the nation’s largest banks came in above expectations for the second quarter, which a pair of nonbank analysts believe is a positive for the segment. Processing Content JPMorgan Chase reported origination volume of $17.2 billion for the quarter, compared with $13.7 billion in the first quarter (26% higher) […]
Chase, Wells, BofA post strong Q2 mortgage gains Read More »
The Federal Housing Finance Agency is proposing a change that would remove certain criteria for counterparty suspension while maintaining a focus on triggers related to credit, market and operational concerns. Processing Content The proposal seeks to remove “reputational harm” as a trigger because it “potentially diverts agency resources from more salient risks without adding material
What FHFA’s counterparty suspension change may mean Read More »
After flatlining for much of the spring, credit availability last month fell to its lowest point since late 2025, as lenders pulled back on federal lending programs, according to the latest report from the Mortgage Bankers Association. Processing Content The trade group’s Mortgage Credit Availability Index dropped 2% to a reading of 105.8 in June,
Mortgage credit at its tightest since December 2025 Read More »