The gain in November agency MBS issuance came from another rise in rate-term refinance securitization. United Wholesale Mortgage, Rocket and Pennymac remained the top three agency sellers despite declines in monthly volume. (Includes two data tables.)

The Securities and Exchange Commission received 31 comments in response to a concept release that sought feedback on revisions to disclosure requirements for publicly-registered securitizations.

Federal Reserve Ends Balance Sheet ReductionAfter 42 straight months of allowing its security holdings to run off, the Federal Reserve finally said “enough.” The central bank’s current balance sheet: $6.134 trillion.

Trade groups suggested improvements to Ginnie Mae’s reverse-mortgage securitization program, many of which were already included in a planned update the agency has gone quiet on.

The company released a suite of standardized credit and prepayment curves for auto and personal loans.

The MBA continues to argue that the credit scores provided by Equifax, Experian and TransUnion are now so similar that lenders shouldn’t be required to pull all three. Credit bureaus disagree.

Several large lenders are offering discounts and promotions to drum up business during a slow time of the year.

By the end of 2026, the bulk of United Wholesale Mortgage’s servicing will be handled internally, according to CEO and Chairman Mat Ishbia. The nonbank still plans to use subservicers for certain loans.

Originations of non-agency jumbo mortgages declined by 6.4% during the third quarter of 2025. (Includes data table.)

The baseline conforming loan limit for the government-sponsored enterprises will be $832,750 for one-unit properties in 2026.