Distressed Mortgages

The six underwriters did 17% more business versus the second quarter of 2025, with earnings per share estimates increased for four of them as a result.

While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.

Nonbank mortgage firm Pennymac said having an in-house system gave it a leg up on implementation, while a vendor also reported progress in its systems testing.

The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.

Mortgage servicers would like to shed responsibility for second liens but they may be exchanging one set of workflows for others.

The agency delayed an offering of occupied units until September to ensure compliance with President Trump's executive order made earlier this year.

The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.

Chase edged out Rocket for the top spot in the annual mortgage servicer customer satisfaction survey, with depositories in seven of the top 10 spots.

The Federal Housing Administration's demonstration project would allow payments to be deferred without placing a subordinate lien on a primary mortgage.