Outstanding advances were down for the year after a surge in the first quarter.

President Biden's budget proposal for fiscal year 2025 included a brief section addressing the future of the housing finance system.

The top three MBS issuers in February: UWM, PennyMac and Rocket Mortgage.

According to an analysis by Inside MBS & ABS, $1.88 billion of VA rate/term refinance loans were included in Ginnie MBS issued in February 2024, compared with $298.5 million in January.

President Biden proposed a tax credit of $400 a month to put toward a mortgage.

Must of the increase in bank ABS holdings seen during the fourth quarter of 2023 was due to a portfolio securitization at BMO Harris Bank.

Neuberger Berman last issued an expanded-credit MBS in August 2022.

A small decline in interest rates last week helped to increase applications for purchase mortgages.

The REIT associated with Angel Oak companies reported a profit for 2023 after taking losses in the prior year.

Effective immediately, Ginnie issuers must notify the agency of any cybersecurity incident within 48 hours after the issue is detected.