The Department of Savings and Mortgage Lending has released the 2025 Report on Mortgage Lending in Texas. The annual report offers an analysis of residential mortgage lending activity throughout the state.
The report is published to meet requirements set by Article XVI, Section 50(s) of the Texas Constitution. It presents an overview of mortgage lending practices and trends, as well as factors affecting the housing market in Texas.
Included in the report are detailed sections on permissible liens, types of loans, closing costs, interest rates, and shifts in market share. This year’s edition introduces a new section that examines how artificial intelligence (AI) and emerging technologies are impacting the mortgage industry. The report notes the recent passage of the Texas Responsible Artificial Intelligence Governance Act (TRAIGA) and discusses AI’s influence on underwriting processes, regulatory compliance, and consumer engagement.
According to the Department: “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.”
Another statement from SML reads: “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.”
The full 2025 Report on Mortgage Lending in Texas is now available for review.
