Deliveries of conforming jumbos to the GSEs increased during the fourth quarter of 2025, though volume was down for the full year. (Includes data table.)
Guild Mortgage turns to LoanBeam to automate income analysis for non-QMs; Roc360 secures a $150 million investment from Temasek; Truss Financial Group launches non-agency products; American Pride Bank expanded its one-time-close construction loan program.
President Trump effectively directed the GSEs to fill in the role that the Fed had been serving in terms of agency MBS investments. The stimulus could be short lived, with the purchases expected to wrap up by June.
More than $100 billion of loans in commercial MBS have maturity dates this year. Refinancing the loans could be difficult given interest rate movements and declining revenues from commercial properties.