The GSEs plan to announce a new adoption date for the Uniform Closing Dataset during the fourth quarter of 2026.

Fannie said the changes were made in response to feedback from lenders.

Mat Ishbia, president and CEO of United Wholesale Mortgage, hopes that “things will calm down, globally” to help reduce interest rates.

The retail channel’s share of nonconforming mortgage originations ticked down in 2025, to 68.2% from 68.8% in 2024.

Analysts suggest that the incentives in the proposals to retain mortgage originations are stronger than the incentives for banks to increase their deliveries into MBS.

“High costs, along with economic uncertainty from the Iran war, have sidelined some would-be homebuyers,” Redfin said.

Applications declined by 10.4% on a weekly basis the week ending March 27.

Some 68.0% of mortgages originated in 2025 were sold into mortgage-backed securities.

FICO’s profile and the elevated stock price/earnings ratio for the company relative to the S&P 500 average PE ratio lead CHLA to project that there will be “another round of major price hikes” for credit scores this fall.

"While the 2026 spring homebuying season may spark some momentum, the most likely outcome is modest price growth as buyers and sellers remain at a standoff," said Thom Malone, principal economist at Cotality.