Barry Habib, the founder and CEO of MBS Highway, was appointed to the board of Fannie Mae.

Issuance through the first half of 2025 was up by nearly 40% compared with the first half of 2024.

The nonbank originated $37.88 billion of loans in the second quarter, up 31.0% from the first quarter.

The nonbank’s subservicing volume is down 5.1% from the end of 2024.

Among other differences, Congress doesn’t appear to be budgeting for a reduction in force at HUD.

While home prices are up, the average loan balance on mortgage applications is declining.

Nonbanks handled 60.7% of GSE servicing as of the end of June.

AGNC Investment took a $140 million loss in the second quarter of 2025.

"Your behavior raises significant questions about your judgment and commitment to operating FHFA in a responsible, competent and lawful manner," Sen. Elizabeth Warren, D-MA, wrote to FHFA Director Bill Pulte.

The bureau noted that it wouldn’t implement the rule if it received “significant adverse comments.”