The Mortgage Bankers Association said its members see value in switching to short-term liquidation reporting.

"And you will see this in the new year, I will announce some of the most aggressive housing reform plans in American history," President Trump said.

While purchase-mortgage issuance fell 8.4% to hit the lowest monthly volume since March, refinance activity spiked 44.0% in November.

Locks for mortgages declined by 4.2% on a monthly basis in November, according to Mortgage Capital Trading.

Kenny Smith retired from Deloitte Consulting in 2020 after 27 years with the firm.

“[The Trump administration’s] position is wrong as a statutory interpretation and is at odds with Congress’ plan in setting up the [CFPB],” according to an amicus brief filed by Democrats.

Holdings of MBS among REITs increased by 8.4% during the third quarter of 2025.

Fannie recently considered strengthening its net worth requirements for large nonbank issuers.

The lender has been originating non-agency reverse mortgages since 2018, and had been selling the loans to an unidentified third party through April 2025, according to Morningstar DBRS.

The unemployment rate increased from 4.4% in September to 4.6% in November.