The potential privatization of the GSEs has led more lenders to consider the acquisition of non-QM brokers, but the challenges in the market may cap deals.

Inflation figures released Tuesday helped to increase the value of stocks, including stocks in mortgage companies.

The inventory of homes for sale is rising and affordability is improving.

Refi applications increased by 23% on a weekly basis last week.

Issuance of prime non-agency MBS linked to non-agency jumbo mortgages increased by 13.4% during the second quarter of to $7.95 billion.

ARMs accounted for 70% of Chase's non-agency production in July.

PennyMac originated nearly $230.0 million of mortgages in the pending MBS.

William Lansing, CEO of Fair Isaac Corp., said the move would encourage lenders to shop for the most lenient credit score in order to qualify more borrowers for GSE loans.

ARMs accounted for 9.5% of residential mortgages locked in July, according to Optimal Blue.

Although President Trump didn’t specifically mention a merger, that appears to be the implication of the post.