Four of the top five non-agency MBS issuers at least doubled their issuance volume on an annual basis in 2024.

Scott Bessent, nominee to head the Treasury, didn’t mention the GSEs in his confirmation hearing last week.

Lakeview Loan Servicing remained the top agency servicer, with a $732.56 billion portfolio.

The president-elect said Bill Pulte will help “restore the American Dream for all.”

It would take Congressional action to create an explicit guarantee, a scenario almost no one expects to happen.

The regulator said in an amicus brief Wednesday that home equity investments can be considered credit and subject to Truth in Lending Act requirements.

Banks and thrifts repurchased $213.6 million of single-family mortgages during the third quarter, an 11.5% decline from the previous period.

Chase expects a limited financial impact on its business from the LA-area wildfires.

Expanded-credit MBS issuance rose 13.2% in the fourth quarter of 2024 while prime non-agency MBS volume was down 2.9%.

The analysts said only legislation by Congress can address the government guarantee currently applied to Fannie Mae and Freddie Mac.