Ellington Financial is set to issue a non-agency MBS with GSE-eligible mortgages originated by Pennymac.

The GSEs plan to announce a new adoption date for the Uniform Closing Dataset during the fourth quarter of 2026.

Loans backing the securitization included both VantageScore 4.0 and Classic FICO.

Freddie Mac increased its holdings of agency mortgage-backed securities by 14.5% on a monthly basis during February.

GSE buybacks in 2025 were down 12.8% from 2024 and represented the lowest annual total since 2020.

Changing priorities from the White House have put talks on ending the GSE conservatorship on the back burner.

“The condo insurance requirements will reduce costs for existing homeowners and will make tens of thousands of additional units eligible for lower cost GSE financing,” said Bob Broeksmit, president and CEO of the MBA.

“The process for the data publication is now with the GSEs,” FICO said.

Both purchase-mortgage volume and refinances declined on a monthly basis in February.

United Wholesale Mortgage's agency MBS issuance declined by 6.5% on a monthly basis in February while Rocket Mortgage's volume was down 16.5%.