High-balance loans accounted for 4.4% of total agency MBS issuance in the third quarter.

The Housing for the 21st Century Act includes a number of provisions that overlap with the ROAD to Housing Act in the Senate.

“The council is working with member agencies to consider where aspects of the U.S. financial regulatory framework impose undue burdens and where they harm economic growth, thereby undermining financial stability,” Scott Bessent, secretary of the Treasury Department, said of the Financial Stability Oversight Council.

“There is no investigation into Bill Pulte,” wrote Pam Bondi, U.S. attorney general.

Among the 10 largest sellers, GSE volume increased on a monthly basis outside of the top three firms.

Interest rates on mortgages are expected to remain in a narrow band in the next few years.

Fannie and Freddie issued separate updates aimed at identifying and preventing fraud in mortgage transactions.

Filing deadline for third-quarter HMDA data has been extended to Dec. 12.

The National Community Reinvestment Coalition is accepting confidential tips and will investigate fair lending issues.

Locks for rate/term refis were down 34.3% on a monthly basis.