Private MI covered 16.4% of new mortgage production in the second quarter.

“Ultimately the goal is to continue to find ways to do more at a lower cost,” said one large unidentified lender surveyed by Fannie.

The MBA anticipates upward pressure on mortgage delinquencies.

Increased deportation risks and uncertainty about the future of some immigration programs have led non-QM lenders to reduce lending to non-resident borrowers.

The maturation of private credit will be a key stepping stone for companies looking to issue ABS, according to a manager at a private investment firm.

FHFA is working on changes to the GSEs' loan-level price adjustments, according to FHFA Director Bill Pulte.

The flow of refinances declined 21.5% on a monthly basis to $8.90 billion in July.

The potential privatization of the GSEs has led more lenders to consider the acquisition of non-QM brokers, but the challenges in the market may cap deals.

Inflation figures released Tuesday helped to increase the value of stocks, including stocks in mortgage companies.

The inventory of homes for sale is rising and affordability is improving.