The renewed interest in CRT was especially pronounced at Fannie, as the GSE avoided issuing Connecticut Avenue Securities in the fourth quarter.

With the Trump administration pulling back on regulation, state regulators are looking to fill the void.

FHFA will make “some decisions” regarding credit score costs shortly, according to Bill Pulte.

The disclosure comes as Bayview has amassed a 7.3% ownership stake in Guild’s Class A common stock.

Although six companies recorded quarterly increases in mortgage-banking earnings, three industry leaders posted huge declines and another nonbank posted a net loss.

"I’ve got to be careful with what I say," Pulte said.

Leaders at Fannie Mae and Freddie Mac detailed how Bill Pulte, director of the Federal Housing Finance Agency and new chairman at the GSEs, is influencing activity at the companies.

Sales of new single-family homes increased by 10.9% on a monthly basis in April.

Originations of purchase mortgages increased by 2.7% on an annual basis in the first quarter of 2025.

Upsizing typically indicates exceptionally strong demand for a securitization.