AGNC Investment took a $140 million loss in the second quarter of 2025.

"Your behavior raises significant questions about your judgment and commitment to operating FHFA in a responsible, competent and lawful manner," Sen. Elizabeth Warren, D-MA, wrote to FHFA Director Bill Pulte.

The bureau noted that it wouldn’t implement the rule if it received “significant adverse comments.”

The latest regulatory review centers on banking operations, capital and the Community Reinvestment Act.

There was a sharp 20.6% decline in transfers of high-coupon MSR exceeding 6%.

Income declined somewhat at the REIT in the first quarter and losses tied to the value of MBS holdings and hedging jumped compared with the first quarter, with extreme volatility early in the second quarter tied to tariff policies.

“We have far too many long-term assets on our balance sheet,” said Federal Reserve Governor Christopher Waller.

While many of these tools have been included in GSE automated underwriting systems for some time now, both Fannie and Freddie are highlighting the role of third-party data, income modeling and rent recognition in reducing friction and expanding the pool of mortgage-eligible borrowers.

Goldman has issued two other HELOC securitizations since May 2024, leaning on loans from United Wholesale Mortgage.

Consumers are suing loanDepot over allegations it used illegal compensation structures to encourage LOs to push higher interest-rate loans.