U.S. first-lien mortgage originations fell sharply in the third quarter of 2026, according to a new estimate from mortgage-industry research publisher Inside Mortgage Finance, adding a national measure to the production pressures recently disclosed by individual...
PenFed Credit Union originated $1.7 billion in mortgages during the first nine months of 2026, a 65% increase from the same period last year, even as higher borrowing costs continued to restrain the broader housing market. The Tysons, Virginia-based institution...
MetroCity Bankshares originated more mortgages in the third quarter than in the preceding three months, but its mortgage servicing business continued to produce less income than it did a year ago. The Atlanta-based bank holding company reported $85.1 million in...
United Wholesale Mortgage’s parent company plans to sell between $70 billion and $80 billion in mortgage servicing rights during the fourth quarter, a sweeping portfolio reduction intended to raise more than $1.8 billion for debt repayment as mortgage...
Newrez mortgage originations fell 19% in the third quarter, even as the lender and servicer delivered stronger operating earnings, according to financial results released Friday by parent company Rithm Capital.Newrez funded $12.9 billion in mortgages during the three...