Fannie Mae and Freddie Mac issued $428.04 billion of Supers deals backed by first-level uniform MBS during the first quarter of 2024.

A&D’s in-house software development team spent two years working on AI tools for the lender's broker portal.

The 30+ day delinquency rate stood at 3.09% at the end of April.

Those opposed include the American Bankers Association, the Housing Policy Council, the Securities Industry and Financial Markets Association, the Structured Finance Association and U.S. Mortgage Insurers.

The top FHLBank borrower remains JPMorgan Chase with $39.22 billion in outstanding advances at the end of the first quarter.

“The dynamics with the [CFPB] will now start to resemble those of most federal agencies: there will be legal challenges to specific regulations and enforcement actions … but those will be focused, targeted challenges, not existential ones,” according to Adam Levitin, a Georgetown University law school professor.

Brent Giese, executive director for fixed income at Daiwa Capital Markets, said the new margin requirements will put additional financial stress on mortgage lenders.

Sales of existing homes declined by 1.9% on a monthly basis in April.

Several companies increased origination volume, posted stronger gain-on-sale margins and reported rising values for mortgage servicing rights.

The Mortgage Bankers Association and the National Association of Realtors applauded the news.