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Dynex Capital reported a loss of $335.5 million in income in the third quarter after posting a $180.8 million profit in the second quarter. The REIT’s portfolio had a fair value of $28.3 billion as of the end of 3Q, an increase of 3% from the end of 2Q. insidemortgagefinance.com/ar…

Issuance of prime non-agency MBS rose 22.7% to $17.38 billion in the third quarter. Much of the increase was from prime jumbos. Issuance involving GSE-eligible mortgages saw a bump of 5.2% quarter over quarter, to $6.60 billion. insidemortgagefinance.com/ar…

FHFA recently took action to comply with a provision in the housing bill, directing the GSEs to maintain written requirements for how borrowers can request an ROV as part of an appraisal dispute in order to meet the standard required by the new law. insidemortgagefinance.com/ar…

Overall residential servicing outstanding inched up by 1.1% from 1Q26 to $14.98 trillion during 2Q. Most of the top 10 servicers increased their portfolios during 2Q. Get the rankings in all the market sectors in IMF's Top Mortgage Players report. insidemortgagefinance.com/pr…

According to an Inside Mortgage Finance analysis, $9.39 trillion of servicing was linked to agency MBS as of the end of September, a 0.7% increase from the end of June. Among the agencies, servicing grew fastest at Ginnie Mae, up 2.0% to $2.83 trillion. insidemortgagefinance.com/ar…

The impairment gap between self-employed borrower doc types compared to full-doc and debt service coverage ratio underwritten loans is at the widest level ever — 350 bps — according to @dv01inc. That gap was 80 bps in 2024. insidemortgagefinance.com/ar…

FHA clarified that the new credit scores and updated minimum decision credit score methodology don’t affect its minimum credit score thresholds. FHA accepts an MDCS as low as 500, but caps the LTV ratio at 90% for those borrowers. insidemortgagefinance.com/ar…

Affordability challenges could lead to an increase in manufactured home supply next year, @MBAMortgage’s Joel Kan said. Homebuilders have been underbuilding starter homes, which could make manufactured homes an alternative in the entry-level housing market insidemortgagefinance.com/ar…

Ginnie Mae has improved the automated document engine where issuers upload annual financial reports. “It was a very dumb website,” GNMA President Joe Gormley said. “Nothing was pre-populated…You had to type in your issuer name, your address, everything.” insidemortgagefinance.com/ar…

A subsidiary of Rocket Companies donated $10.0 million to President Trump’s White House ballroom construction project, according to reporting by the Washington Post. Rocket sought to make the donation anonymously. insidemortgagefinance.com/ar…

As of the end of July, the 90+ day delinquency rate for CES collateral was 0.95%, compared with 1.67% for HELOCs, according to @krollbondrating. insidemortgagefinance.com/ar…

FHA refi volume was down 31.9% during the third quarter, while VA refi volume fell 48.7%. This narrowed the refi share of Ginnie Mae MBS to 24.9%, down from 38.4% in the second quarter. Overall refi volumes remained up substantially year-to-date. insidemortgagefinance.com/ar…

Many at-risk properties are either uninsured or underinsured because they’re located outside of flood risk areas where flood insurance coverage is required for a property to be eligible for a government mortgage, according to a new GAO report. insidemortgagefinance.com/ar…

In the past decade, the number of nonbanks originating mortgages through partner banks has increased sharply. This allows nonbanks to avoid relatively low caps on interest rates in some states, by relying on preemption that applies to bank-originated loans insidemortgagefinance.com/ar…

Residential mortgage banking revenue at M&T Bank increased by 24.0% on a quarterly basis to $119 million in the third quarter of 2026. Officials at M&T attributed the growth to income from subservicing. insidemortgagefinance.com/ar…

UWM suffered a $603.2 million loss tied to MSR hedges in 2Q. Hiring Vandad Fartaj as chief investment officer is a good move for UWM as it looks to improve its capital market operations moving forward from the loss, @KBWfinthink’s Bose George says. insidemortgagefinance.com/ar…

AGNC Investment, the largest REIT MBS investor, posted a 2.3% increase to its portfolio during the second quarter. The firm held $83.35 billion of assets as of the end of June, largely in agency MBS. insidemortgagefinance.com/ar…

As the industry takes a further interest in AI-powered origination, industry observers say the consensus developing now is that there will be a human licensed LO who is assigned to every transaction and takes on the responsibility for that transaction. insidemortgagefinance.com/ar…

FHA says it'll allow build-to-rent properties to qualify for multifamily financing. The change is for detached single-family homes, duplexes and triplexes. Until now, FHA’s multifamily program has largely been limited to buildings with four or more units. insidemortgagefinance.com/ar…

Residential mortgage originations at PNC Financial declined by 17.6% on a quarterly basis to $1.4 billion in the third quarter of 2026. The loan sale margin at the bank increased from 2.01% in the second quarter to 2.04% in the third quarter. insidemortgagefinance.com/ar…