The Department of Savings and Mortgage Lending (SML) has released the 2025 Report on Mortgage Lending in Texas. The annual report offers a detailed analysis of residential mortgage lending activity throughout the state.
According to SML, the report meets the requirements set by Article XVI, Section 50(s) of the Texas Constitution, which calls for an annual review of mortgage lending practices and trends. The document examines various aspects of the residential mortgage market, including permissible liens, types of loans available, closing costs, interest rates, and shifts in market share.
A new feature in this year’s report is a section focused on artificial intelligence (AI) and other emerging technologies within the mortgage sector. It discusses the impact of AI on underwriting processes, regulatory compliance, and consumer engagement. The report also highlights recent legislative developments such as the Texas Responsible Artificial Intelligence Governance Act (TRAIGA), which addresses governance around AI use in financial services.
“The report provides valuable insights into the residential mortgage lending market and economic factors influencing the Texas housing market,” according to SML.
The full 2025 Report on Mortgage Lending in Texas is now available to stakeholders and members of the public interested in understanding current trends affecting home financing across Texas.
