Jumbo servicing declined during the second quarter at Bank of America, Chase and Wells Fargo.

Private MIs are fully prepared for the credit score transition at the GSEs, according to Seth Appleton, president of U.S. Mortgage Insurers.

Vishal Garg issued a press release Wednesday, calling himself the “true” CEO of Better Home and Finance.

After getting close to 4.80% Tuesday, the 10-year Treasury rate declined somewhat Wednesday.

The 60-basis-point discount on agency products is long term and available to all brokers.

Purchase-mortgage business is running ahead of the levels seen in the first half of 2025.

H.R. 10184, the Consumer Financial Protection Accountability and Reform Act, would bring the CFPB under the congressional appropriations process, require cost-benefit analyses for rulemakings and stipulate periodic reviews of major rules to ensure their benefits justify their costs.

Ishbia said it’s unlikely that changes to LLPAs will be “massive” or across the board.

Applications were essentially unchanged on a weekly basis last week even as interest rates ticked up.

Freddie Supers issuance was up 52.7% from the first quarter to $83.03 billion, while Fannie recorded a 0.3% increase.