“The highest mortgage rates in nearly a year and the record-high national median home price together are contributing to a tepid housing market that is especially difficult for first-time homebuyers,” said Lawrence Yun, chief economist at NAR.

Primary MI volume in the agency MBS market increased at a faster pace at FHA and VA in the second quarter of 2026 compared with private MI usage with the GSEs.

Aaron Kofsky, the acting deputy director of FHFA’s division of housing mission and goals, represented FHFA at a meeting of the Financial Stability Oversight Council Wednesday.

Rising interest rates took a bite out of MBS and ABS issuance in May and June.

New Federal Reserve Chair Kevin Warsh says markets will have ample warning before the central bank makes significant changes to its balance sheet policy.

Applications for refinances with FHA and VA increased by nearly double digits on a weekly basis last week.

Lenders were a little more lenient about loan-to-value ratios on their deliveries to the GSEs during the second quarter of 2026.

Rocket issued $41.35 billion of agency MBS in the April-June period, up 15.1% from the first quarter, with a surge in Ginnie loans.

Ginnie Mae President and Acting FHA Commissioner Joe Gormley said both agencies are looking for ways to incorporate artificial intelligence into their programs.

The first-quarter tally was the highest quarterly issuance total for Ginnie since the fourth quarter of 2021.