Both the FHA and VA programs saw increases, but the bulk of the growth in Ginnie issuance in the third quarter came from FHA loans.

Listing inventory improved in September though home prices fell.

GSE shareholders still face challenges in recouping the losses they sustained as a result of the conservatorship and the net worth sweep.

The latest non-agency MBS from A&D Mortgage and Redwood Trust are larger than the previous issuance by the firms.

Ginnie is offering flexibility for pooling reperforming loans in MBS.

The CFPB alleges that Freedom didn't sufficiently address HMDA reporting issues following a 2019 consent order.

NPL sales by the GSEs declined by 66% on an annual basis in 2022.

“When the yield on the 10-year [Treasury] goes up more than 50 basis points in less than a month, something is going to get broken,” one consultant noted.

FHA Commissioner Julia Gordon said creating the infrastructure FHA wants from a technology perspective or a contracting perspective is difficult in the current environment.

Applications for ARMs increased by 15% on a weekly basis.