Just two of the 11 regional FHLBanks managed to increase annual profits from 2024 levels: the Chicago and San Francisco organizations.

The second lien tied to the crypto pledge requires monthly payments and the combined interest rate for the product could be higher than a comparable traditional mortgage.

Among 19 companies that report details on their mortgage-banking operations, production and secondary marketing income was up 10.5%, while servicing saw a 45.3% increase.

Economists at Fannie Mae project that interest rates on mortgages will fall throughout 2026 while MBA's economists see rates rising through September.

“The last couple of weeks have been a little softer than what we would like to see or what we normally get this time of year,” said Robert McGibney, president and CEO of KB Home.

MBA projects that the unemployment rate will rise from 4.4% in the first quarter of 2026 to a peak of 4.7% in the third quarter.

"An 88% operating margin and a compound annual growth rate of 100% in per-score pricing over five years are not hallmarks of a competitive market," said Sen. Josh Hawley, R-MO.

Rep. Maxine Waters, D-CA, the ranking member of the House Financial Services Committee, called on Democrats in the House to seek a conference committee process for H.R. 6644, the 21st Century ROAD to Housing Act.

Home prices increased by 0.1% on a monthly, seasonally-adjusted basis, according to Redfin.

The wholesale-broker channel gained ground in the government-insured sector and in conventional-conforming lending, according to a recent Inside Mortgage Trends analysis of proprietary survey data.