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Short Takes: GSEs to Increase MBS Purchases / Nada Enters Into Forward-Flow Deal for HEI Originations / loanDepot Partners With Real Estate Brokerage

September 21, 2026
Brandon Ivey and James Dohnert
FHFA Director Bill Pulte's news that the GSEs are ramping up acquisitions of agency MBS comes well ahead of usual notice of acquisition activity.
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MBS Investors, Lenders Ponder GSE Score Disclosures

September 18, 2026
Dennis Hollier
The GSEs’ scores appear to be higher than Classic FICO scores.
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Purchase Mortgages Push Up Agency MBS in August

September 17, 2026
John Bancroft
Issuance of agency mortgage-backed securities increased by 4.6% on a monthly basis to $115.92 billion in August.
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Pulte Turns Focus to Private MI Profits

September 16, 2026
Dennis Hollier

Seth Appleton, president of USMI, promptly announced the PMI trade group’s support for Pulte’s efforts to align the GSEs’ policy regarding mortgage insurance.


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Short Takes: Pennymac More Aggressive With Loan Limit for 2027 / Applications Tumble / Beyond Credit Union / CDFI Fund Pays Out, With Scrutiny / Aven Partners With NHL Team

September 16, 2026
Brandon Ivey

Pennymac set a conforming loan limit of $850,000 for one-unit properties across the lender’s production channels.


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GSEs’ MBS Holdings Down for Third Straight Month

September 15, 2026
Dennis Hollier
July marked the third straight month of declines in the government-sponsored enterprises’ MBS holdings.
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GSEs Set LLPAs for VantageScore

September 10, 2026
Dennis Hollier
Fannie Mae and Freddie Mac are essentially subtracting 20 points from a VS4 score, then applying the Classic FICO LLPAs to the loan.
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Short Takes: GSEs to Disclose 2 Credit Scores / UWM’s Latest Pricing Incentives / No Downgrades of Expanded-Credit MBS / Wealthfront Plans Lending Expansion

September 10, 2026
Brandon Ivey
The GSEs will disclose scores from FICO and VantageScore for their mortgage-backed securities, credit risk transfer transactions and other securitization activity.
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Fannie Back Quickly With CRT Offering Following August Issuance

September 9, 2026
Brandon Ivey
Freddie Mac, meanwhile, hasn’t offered a single-family CRT deal since May.
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Employee Morale Takes Hit at Fannie Mae Following Layoffs

September 8, 2026
Dennis Hollier
The firing of 10 senior executives at the government-sponsored enterprise in August rattled leaders and staffers.
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