While home prices are up, the average loan balance on mortgage applications is declining.

The latest regulatory review centers on banking operations, capital and the Community Reinvestment Act.

While many of these tools have been included in GSE automated underwriting systems for some time now, both Fannie and Freddie are highlighting the role of third-party data, income modeling and rent recognition in reducing friction and expanding the pool of mortgage-eligible borrowers.

Goldman has issued two other HELOC securitizations since May 2024, leaning on loans from United Wholesale Mortgage.

KBW noted the GOS margin at Wells fell sharply to 45 bp in 2Q25, down 45 bp quarter over quarter...

KBW said of UWM, "while the shares remain inexpensive, we see limited positive catalysts with rates remaining range-bound at current levels.”

Refi activity was up 27.1% from the first quarter and purchase volume rose 19.1%.

“By tearing down these onerous hurdles, we’re freeing professionals from a tangle of red tape that drove up costs, inhibited access to homeownership, and discouraged market participation,” said HUD Secretary Scott Turner.

With the federal deficit set to increase, there are fears that the 10-year Treasury rate will rise.

Jonathan Gould was the senior deputy comptroller and chief counsel at the OCC during the latter half of the first Trump administration.