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The Unintended Consequences of Buying $200 Billion in MBS

February 6, 2026
Dennis Hollier
The GSEs were already quietly adding MBS to their portfolios before Trump directed them to purchase $200 billion more. Investors may now be paying a price for that intervention.
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GSE Stocks Sag as Talk of Exit From Conservatorship Wanes

February 6, 2026
Dennis Hollier
The same braggadocio that drove GSE stocks higher early in the Trump administration now seems to be holding prices down.
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FHFA Directs GSEs to Align Manufactured Home Programs

February 6, 2026
Dennis Hollier
Newly coordinated standards at the GSEs make it easier for certain factory-built homes to receive site-built financing.
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GAO Gives FHFA a Clean Bill of Health

February 6, 2026
Dennis Hollier
The regulator’s financial statements followed GAAP accounting, but the analysis also revealed $32.9 million in costs associated with elimination of 216 employees.
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Freddie Extends Popular Home Possible Offering

February 6, 2026
Dennis Hollier
Very-low-income homebuyers have another year to take advantage of the $2,500 credit available through the Home Possible mortgage program.
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GSE Roundup

February 6, 2026
Dennis Hollier
CSS takes over MBS disclosures; Calabria joins PCAOB; Treasury/Fannie veteran joins HPC.
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Tech to Help Small Lenders Compete With Big Players

February 6, 2026
James Dohnert
Experts believe lenders will leverage new technologies to improve the customer experience.
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Pennymac Accelerates Migration to Vesta’s LOS

February 6, 2026
Abby Zimmardi
Pennymac Financial Services sped up its adoption of Vesta Innovations’ loan origination system to drive more recaptures.
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Competition Grows as Lenders Brace for Trigger Lead Ban

February 6, 2026
Abby Zimmardi
In March, “trigger leads” will come to an end, prompting lenders to come up with new solutions for lead generation.
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Newrez to Adopt Valon’s Servicing Platform

February 6, 2026
Emmeline Willey
Newrez will use Valon’s artificial intelligence-led operating system for servicing mortgages starting in 2027.
Read More
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