Fannie added MBS at a fast pace and Freddie reduced its whole-loan holdings.

“The only thing that’s on the table for them to do are these two bills,” said TD Securities Managing Director Jaret Seibert.

"Mortgage rate volatility, higher than expected refinancing activity and elevated FHA delinquencies pressured near-term performance," said Glen Messina, chair, president and CEO of Onity Group.

Elena Babinecz, a shareholder at the law firm of Baker Donelson and a former deputy assistant director at the CFPB, advised financial entities to “stay the course” on fair lending under ECOA, except for when it comes to special purpose credit programs.

While UWM has repeatedly raised its bid price and made other concessions, Two Harbors has opted to move forward with an acquisition by CrossCountry Mortgage.

Agency loan securitization volume dropped across all three lending channels in the first quarter, though retail lenders increased their footprint by shrinking less than correspondent aggregators or wholesale-broker originators.

Two Harbors board cited concerns about UWM's balance sheet and committed financing in a statement released this week.

After weeks of silence on the status of Fannie Mae and Freddie Mac, President Trump stirred up shareholders this weekend by bringing up the concept of a public offering at two separate events.

Chase has begun offering a rate discount for May to help drive business during the spring homebuying season.

AD Mortgage study finds AI use in mortgage is rising; Progressive Insurance has expanded itis down payment assistance program; nearly one in five homes went pending within seven days in February; Blend launches Autopilot MCP.