Applications for both purchase mortgages and refinances increased last week as interest rates declined.

A total of $69.89 billion of non-agency MBS came to market in the first three months of the year, a 34.8% increase from the fourth quarter.

Mortgage industry participants largely backed the proposed rule while consumer advocates had strong opposition.

“Government policy is squarely in the driver seat, defining and driving outcomes,” said Smriti Popenoe, co-CEO and president of Dynex Capital.

The Council of FHLBanks signaled strong support for the Trump administration’s recent executive order for a more favorable regulatory environment for community banks.

Renters save an average of $920 per month compared to buyers.

The PIMCO team criticized one of the most popular proposals for lowering the cost of a mortgage: reducing the guarantee fees charged by the GSEs.

Fifth Third Bank generated a gain-on-sale margin from mortgages of 1.47% during the third quarter of 2026.

“While speculation continues around the potential privatization of the government-sponsored enterprises, Morningstar DBRS does not view any changes to [their] status as likely for the length of the credit rating outlook period given the complexities and potential consequences of such an action, especially considering the current macroeconomic environment,” the rating service said.