Eight expanded-credit MBS hit the market this week, with a total unpaid principal balance of $3.38 billion.

Combined issuance of CRT notes declined from $2.15 billion in the second quarter to $1.25 billion in the third.

dv01 attributed the increase in impairments to the partial shutdown of the federal government.

MBA projects that the average interest rate for a 30-year fixed-rate mortgage will increase from 6.3% in the fourth quarter of 2024 to 6.4% in the first quarter of 2026, and then remain at 6.4% through the year.

Refi volume in Ginnie MBS issuance increased by 46.7% on a monthly basis to $15.25 billion in October.

Ackman proposed a timeline that would allow the Trump administration to claim some short-term victories while working toward a larger capital raise.

Earnings were helped by a surge in loan applications that locked in September.

The parent company of CrossCountry Mortgage priced a $600.0 million debt offering that was upsized due to investor demand.

HEL securitization volume for the first nine months of the year hit $20.58 billion, up 70.8% from the first nine months of 2024.

Figures from the Census Bureau tracking sales of new homes haven’t been available since data for August due to the recent partial shutdown of the federal government.