Sales of new single-family homes declined by 13.7% on a monthly basis in May.

Legislation to limit trigger leads passed the House and Senate with minor differences.

Notable: There was, however, an increase in the volume of unresolved buyback claims.

A paper that found that lenders originate more conventional-conforming loans in areas impacted by a hurricane, and they securitize a larger percentage of those loans, was recently retracted.

"A decision of this magnitude cannot be made on a whim without Congressional consultation and approval," according to the lawmakers.

Annual home price appreciation slowed to 2.1% in May, the lowest level seen since March 2012.

Agency securitization of high-balance loans declined by 46.0% on a quarterly basis to $8.70 billion in the first quarter of 2025.

Most of the positive response has been driven by President Trump’s posts on Truth Social in which he vowed to maintain the implicit guarantee and keep the GSEs under his oversight.

The GSEs lost share to FHA and bank portfolios. Freddie Mac accounted for almost all of the  decline.

President Trump vowed to maintain the implicit guarantee and keep the GSEs under his oversight.