The House is poised follow the Senate and approve H.R. 6644, the 21st Century ROAD to Housing Act, as soon as this week.

Annaly was the top producer of nonconforming loans through the correspondent channel among the survey group, increasing its production by 9.9% to $5.08 billion.

One-third of homeowners say they are currently refinancing or likely to refinance within the next two years.

The portfolio, with a $555 million unpaid principal balance, is being sold by an unidentified nonbank.

“Mortgage lenders benefited from multiple refinance rallies over the last nine months, but we don’t expect another in 2026,” said Eric Orenstein, a senior director at Fitch Ratings.

The bureau said it rescinded the 2020 advisory opinion because it conflicts with its recently issued ECOA final rule.

During a press conference Wednesday, Fed Chair Kevin Warsh suggested that he will wait to see recommendations from the new task forces before making any major changes at the Fed.

The bill aims to boost housing supply and limit institutional ownership of single-family homes to some extent. There are also some provisions that will directly impact the mortgage market.

It’s an all-stock transaction with shareholders in Fathom receiving stock in BBB with an equity value of $53.4 million.

Applications declined by 3.8% on a weekly basis last week.