Mortgage origination volume at Chase rose 12.4% from the third to the fourth quarter, according to earnings results released Tuesday.

Ginnie President Joe Gormley said the update allows for greater efficiencies and cost savings, and will make the agency’s digital collateral program more attractive to new issuers.

Issuers of non-agency MBS are in the market with expanded-credit, prime and closed-end second offerings.

AI is expected to be used more frequently to bring down origination costs and help lenders avoid hiring-and-firing cycles.

Millennials are increasingly becoming more pessimistic about their chances of owning a home, according to a recent survey by Clever Real Estate.

The promised of increased MBS purchases by Fannie and Freddie is already having an effect on mortgage interest rates.

The directive will make the GSEs "noneconomic" buyers of agency MBS.

Issuance of agency mortgage-backed securities increased by 10.8% on an annual basis to $1.235 trillion in 2025.

Some $8.65 billion of single-family rental securitizations were issued in 2025.

Locks for purchase mortgages and rate-term refinances declined at a similar pace.