Agency MBS issuance declined on a quarterly basis in the first quarter of 2026 while non-agency MBS issuance hit the highest level since the financial meltdown of 2007.

Purchase-mortgage volume in agency MBS issued in the first quarter of 2026 was essentially flat compared with the first quarter of 2025.

Multiple GSE officials told Inside The GSEs that no changes have been made to their selling guides regarding crypto assets, even with a splashy planned mortgage product from Better Home & Finance.

The new guidelines, which go into effect Aug. 6, require seller/servicers to have clear policies in place to mitigate the risks posed by this technology and to ensure it complies with existing laws and regulations.

An uptick in refinance activity wasn’t enough to offset the seasonal decline in purchase-mortgage volume.

The share of high-LTV purchase loans delivered to the GSEs rose nearly 100 basis points to 47.52% in the first quarter, according to an Inside Mortgage Trends analysis of mortgage-backed security disclosures.

Fannie Mae hopes to extend the partnership to include fraud detection in its single-family mortgage business.

AmeriHome Mortgage Company is the sole originator and servicer of GSE-eligible loans in a new MBS being marketed by Annaly Capital Management.

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.