With the Trump administration pulling back on regulation, state regulators are looking to fill the void.

FHFA will make “some decisions” regarding credit score costs shortly, according to Bill Pulte.

The disclosure comes as Bayview has amassed a 7.3% ownership stake in Guild’s Class A common stock.

Although six companies recorded quarterly increases in mortgage-banking earnings, three industry leaders posted huge declines and another nonbank posted a net loss.

Leaders at Fannie Mae and Freddie Mac detailed how Bill Pulte, director of the Federal Housing Finance Agency and new chairman at the GSEs, is influencing activity at the companies.

Sales of new single-family homes increased by 10.9% on a monthly basis in April.

Originations of purchase mortgages increased by 2.7% on an annual basis in the first quarter of 2025.

Higher-priced mortgages accounted for 2.4% of total originations tracked in HMDA in 2024.

"It's difficult for the market to know what to do with this news," said Michael Bright, CEO of the Structured Finance Association.

Trump noted that Fannie and Freddie are “doing very well and throwing off a lot of CASH.”