PNC Bank, now the top FHLBank borrower, ended the second quarter with $40.42 billion in outstanding advances, more than doubling its total from the end of March.

Since Aug. 21, three issuers of expanded-credit MBS have offered deals individually sized at larger than $1.0 billion.

Former CFPB Director Kathy Kraninger said a new bill from Republicans in the House will “protect consumers while providing certainty that is necessary for responsible institutions to serve their customers and innovate.”

Freddie Mac, meanwhile, hasn’t offered a single-family CRT deal since May.

Some 1.5 million homes were listed for sale as of the end of August.

The effort aims to “address crucial workplace and mission needs by eliminating redundancies, streamlining and increasing flexibility in work processes and consolidating administrative functions.”

The firing of 10 senior executives at the government-sponsored enterprise in August rattled leaders and staffers.

Among the 333 banks and thrifts that report mortgage-banking income on call reports, income declined by 6.1% on an annual basis in the first half of 2026.

The decline was driven by refis, as locks for purchase mortgages increased by 6%.

Opendoor is now offering purchase mortgages in 21 states and Washington, DC.