Foreclosure filings increased by 14% on an annual basis in 2025.

Issuance of residential mortgage-backed securities increased by 13.8% on an annual basis, hitting $1.43 trillion in 2025.

Originations at BofA increased by 26.7% from the third quarter while Wells' production was up 7.0%.

“There are a number of companies that have thrown out the rule book, if you will,” said Christy Soukhamneut, a consultant.

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances decreased from 6.25% the week ending Jan. 2 to 6.18% last week.

“As part of those efforts, next week at Davos I’m going to provide much more detail about our housing policy so that every American who wants to own a home will be able to afford one,” President Trump said.

The shift in credit scores was driven by refinance activity.

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.