The Department of Savings and Mortgage Lending (SML) has released its 2025 Report on Mortgage Lending in Texas. The annual report provides an analysis of residential mortgage lending activity throughout the state, as required by Article XVI, Section 50(s) of the Texas Constitution.
According to SML, the report offers insights into mortgage lending practices and trends, including data on permissible liens, loan types, closing costs, interest rates, and market share developments. This year’s edition introduces a new section focusing on the impact of artificial intelligence (AI) and emerging technologies within the mortgage sector.
The report discusses the recent passage of the Texas Responsible Artificial Intelligence Governance Act (TRAIGA), examining how AI is influencing underwriting processes, regulatory compliance, and consumer interactions in mortgage lending.
“The Department of Savings and Mortgage Lending (SML) is pleased to announce the release of the 2025 Report on Mortgage Lending in Texas, a comprehensive annual report detailing residential mortgage lending activity across the state.”
“This report fulfills the constitutional mandate under Article XVI, Section 50(s) of the Texas Constitution, requiring an annual analysis of mortgage lending practices and trends. It provides valuable insights into the residential mortgage lending market and economic factors influencing the Texas housing market.”
“The report also includes detailed breakdowns of permissible liens, loan types, closing costs, interest rates, and market share trends.”
“This year’s report includes a new section on the growing role of artificial intelligence (AI) and emerging technologies in the mortgage industry. It highlights the passage of the Texas Responsible Artificial Intelligence Governance Act (TRAIGA) and explores how AI is reshaping underwriting, compliance, and consumer engagement.”
