The Department of Savings and Mortgage Lending (SML) has released the 2025 Report on Mortgage Lending in Texas. The annual report provides a detailed analysis of residential mortgage lending activity throughout the state.
According to SML, this publication meets the requirements set by Article XVI, Section 50(s) of the Texas Constitution, which mandates an annual review of mortgage lending practices and trends. The report offers information about permissible liens, loan types, closing costs, interest rates, and changes in market share.
A new section in this year’s report examines how artificial intelligence (AI) and other emerging technologies are influencing the mortgage sector. It also discusses the Texas Responsible Artificial Intelligence Governance Act (TRAIGA), focusing on how AI is changing underwriting processes, compliance measures, and consumer engagement.
“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.”
The full 2025 Report on Mortgage Lending in Texas is now available from SML.
