Homebuyers are still waiting to move off the sidelines despite a recent reprieve in mortgage rates, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 29.
Among purchase-mortgage applications received last year, lenders denied 7.79% of conventional mortgage applications, 8.10% of VA loan applications and 12.70% of FHA loan applications.
In a Truth Social post, President Trump said Pulte will serve simultaneously as FHFA director and acting director of National Intelligence, overseeing national security matters conducted by 18 federal intelligence agencies.
Freddie Mac tools are helping lenders increase efficiency and reduce costs, according to Sonu Mittal, head of Freddie’s single-family acquisitions division.
Onity revised the terms of its sale of home equity conversion mortgage servicing rights to Finance of America Reverse after receiving feedback from Ginnie Mae.
Net income at the Federal Home Loan Banks fell from $1.36 billion in the fourth quarter of 2025 to $1.30 billion in the first quarter of 2026, according to a new Inside The GSEs ranking and analysis.
The Department of Veteran Affairs updated its servicer handbook on Monday with a new loss-mitigation waterfall that incorporates a partial claim program as a last-resort option.
In a recent comment letter, mortgage trade groups urged the CFPB to prioritize completing pending rulemakings — beginning with Reg. X — to carry out implementing President Trump’s March executive order aimed at expanding access to mortgage credit.
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