Freddie said the strong labor market and years of pent-up interest are increasing demand for purchase mortgages.

Tian Liu, chief economist at Genworth Mortgage Insurance, said homebuilders are starting to increase the supply of homes at somewhat lower price points, which could help increase purchases by first-time buyers.

The biggest factor in the small uptick was the significant growth in the two largest ABS portfolios in the industry...

A senior FHFA official said disputes over private mortgage-insurance pricing likely fall under the jurisdiction of state insurance regulators.

Rep. Jeb Hensarling, R-TX, chairman of the House Financial Services Committee, said Montgomery should “right size” the FHA.

Sen. Bob Corker, R-TN, said passing legislation this year “evidently is not going to happen” and his sense is that Fannie Mae and Freddie Mac will stay in conservatorship “for some time.”

PeerStreet was founded in 2014, reached a cumulative $500.0 million in originations this past September and recently surpassed $1.0 billion in originations.

Home prices increased by 1.7 percent in the first quarter of 2018, according to the Federal Housing Finance Agency’s house price index.

The correspondent channel accounted for 32.9 percent of total first-lien originations, up from a 32.4 percent share the previous quarter.

The FHFA said reviews have helped align GSE prepayment speeds in the past few years while helping to make sure MBS investors’ interest are considered in the equation.