Now, the economists project that the average interest rate for a 30-year fixed-rate mortgage will decline to only 6.1% in the fourth quarter.

Increases were recorded across all four complaint categories, covering both servicing and originations.

FHFA Director Bill Pulte dismissed concerns about adverse selection risk tied to the optionality for lenders on FICO scores and VantageScore.

According to a new analysis by Inside The GSEs, depositories serviced 38.2% of the loans in Fannie Mae and Freddie Mac mortgage-backed securities at the end of the first quarter of 2026, up from a 38.0% share at the end of 2025.

Western Alliance generated a gain-on-sale margin of 37 basis points in the first quarter, up from a 30-bp margin the previous quarter.

The Brokers Action Coalition is proposing to reduce the number of pulls by allowing borrowers to take their credit reports with them when they shop for mortgages.

Annaly’s income dropped by 71.5% compared with the fourth quarter. But the real estate investment trust was profitable while other REITs that focus on agency MBS have posted losses for the first quarter.

Applications for both purchase mortgages and refinances increased last week as interest rates declined.

A total of $69.89 billion of non-agency MBS came to market in the first three months of the year, a 34.8% increase from the fourth quarter.

Mortgage industry participants largely backed the proposed rule while consumer advocates had strong opposition.