Some $8.60 billion of conforming jumbos flowed into GSE mortgage-backed securities issued during the first quarter, an 11.0% decline from the previous quarter.

New York may soon include insurance companies in its Community Reinvestment Act regulations to combat rising homeowners insurance costs.

The decline in revenue was linked to both revenue from servicing and changes in the value of mortgage servicing rights.

Some 118,727 properties had foreclosure filings in the first quarter of 2026.

“The year started with hopes for housing momentum growth, but risks with respect to the Iran war, energy costs and declines for consumer confidence have slowed the market,” said Bill Owens, chairman of NAHB.

The refi share of Ginnie issuance increased to 43.9% in the first quarter of 2026, the highest since the second quarter of 2021.

Mortgage Bankers Association Chief Economist Mike Fratantoni said that amid deteriorating immigration and fertility rates, and a flood of new construction in single- and multifamily sectors, it’s become harder to back up claims of a major housing shortage.

Craig Trainor, assistant secretary for Fair Housing and Equal Opportunity at HUD, warned fair housing advocates that if they aren't compliant with the law, he would bring an "investigative storm" against them.

“Purchase activity remained subdued as potential homebuyers remained hesitant given the current economic uncertainty,” said Joel Kan, a vice president and deputy chief economist at the MBA.

BofA's originations of first mortgages increased by 42.7% on an annual basis in the first quarter of 2026.