In March, home prices increased by only 0.2% on a monthly basis, according to Zillow.

The Community Home Lenders of America opposes any attempt to reduce the footprint of the GSEs.

“The level of the tariff increases announced so far is significantly larger than anticipated,” said Fed Chair Jerome Powell.

FHA’s COVID-19 loss-mitigation options will be rescinded and the Trump administration is taking a close look at the payment supplement program established during the Biden administration.

At March 31, USB serviced $216.7 billion of one- to four-family mortgages, almost flat compared to yearend.

Pershing Square founder Bill Ackman says both GSEs could exit conservatorship by the end of 2027 if certain assumptions are met.

“They’re making money, but they just don’t know how much longer they can hang on,” said Mark Garland, managing director of SitusAMC.

Joseph Gormley is the new executive vice president and chief operating officer at Ginnie Mae.

The new forecast follows tariff policy changes by the Trump administration.

Large nonbanks accounted for 52.6% of mortgages delivered to the government-sponsored enterprises in the first quarter of 2025.