McCargo joined the FHLBank in June.

White House Press Secretary Karoline Leavitt said an executive order aimed at reducing federal spending remained in effect.

Non-core products are areas of the market in which non-agency financing is seen as being able to compete with Fannie Mae and Freddie Mac.

With Acra and its owner, HPS Investment Partners, New York, slated to be sold to BlackRock later this year, Keith Lind, CEO of Acra, anticipates that insurance companies will be lining up to buy whole loans from the lender.

Early indicators suggest that the 2025 spring homebuying season may look similar to 2024, according to CoreLogic.

Scott Bessent's nomination for secretary of the Treasury Department was approved on a 68-29 vote.

The top three originators of mortgages backing expanded-credit MBS are Acra Lending, Angel Oak and A&D Mortgage.

Some non-agency MBS issuers are excluding Maryland loans from transactions due to the new regulation.

The brunt of insurance burdens tied to natural disasters fall on property insurance providers, though private MIs could see an uptick in delinquencies.

Trump is widely expected to replace Rohit Chopra at the CFPB, but that hasn't happened yet.