The top-five Ginnie MBS issuers in 2024: Freedom, PennyMac, UWM, Rocket and Newrez. All are nonbanks.

Deliveries of rate-term refinances into agency MBS declined by almost 40% on a monthly basis in December.

The maximum principal balance of the transaction, known as Series 2024-VF2, is $1 billion and the aggregate committed amount is $500 million.

If Congress takes up GSE reform, Mark Calabria, who served as director of the Federal Housing Finance Agency during the first Trump administration, has some suggestions.

The nomination hearing for Scott Turner to lead HUD is scheduled for Jan. 16.

If the GSEs comply with the Federal Housing Finance Agency’s existing capital rule, maintain strong risk-adjusted earnings and uphold a dominant market presence, a stand-alone rating in the A category could be possible for the firms.

The big gains came in high-LTV refinances, which surged to 13.6% of the sample, a 7.05 percentage point increase.

Redwood is adding DSCR, bank statement and P&L loans to its Aspire correspondent platform.

Proposals regarding core mission activities and FHLBank membership won't be finished prior to the start of the Trump administration.

For 2025, analysts at Morningstar DBRS predict modest home sales, modest price appreciation and mortgage rates oscillating around the 6%–7% range.