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Mortgage Leaders Expect GSE Guarantee to Stay in Place

October 21, 2025
James Dohnert
Mortgage leaders expect some form of government guarantee to stick around even if the GSEs exit conservatorship.
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Agency Servicing Outstanding Shifting to Higher Rates

October 17, 2025
John Bancroft
The amount of agency servicing with coupons over 6.0% increased by 10.2% during the third quarter.
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Characteristics of GSE Deliveries Diverge in Third Quarter

October 16, 2025
Namrata Bhatia
Underwriting for purchase mortgages remained strong while standards for refis loosened somewhat among deliveries to the GSEs in the third quarter.
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FHFA’s OIG Cites Vulnerabilities in Public-Facing System

October 16, 2025
Dennis Hollier
FHFA's Office of Inspector General found that FHFA's community support program website “lacked fundamental safeguards,” such as user authentication, access control and privacy documentation.
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Short Takes: FHFA Seeks Comments on New Strategic Plan / Exchange for CRA Loans / CRE Finance Council Adjusts DC Symposium Due to Shutdown / Agency MBS REIT Profitable in 3Q

October 16, 2025
Brandon Ivey
FHFA's proposed strategic plan includes an emphasis on combating fraud and misconduct.
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Large Nonbanks Lose Some Share in 3Q GSE Business

October 15, 2025
Dennis Hollier
Market share of GSE business from large nonbanks fell from 56.1% for deliveries in the second quarter of 2025 to 53.8% in the third quarter.
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Pennymac Sending Traditional GSE-Eligible Loans to Non-Agency MBS

October 15, 2025
Brandon Ivey
Pennymac is set to issue a $291.7 million non-agency mortgage-backed security with GSE-eligible mortgages for primary residences.
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Mixed Trends for MI Volume in Agency MBS Market

October 14, 2025
Namrata Bhatia
Loans without mortgage insurance gained some share in the agency MBS market during the third quarter.
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Fannie Tweaks Rental Income Rules

October 9, 2025
Dennis Hollier
Policy changes at the mortgage giant should make it easier for borrowers to purchase properties with ADUs.
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Short Takes: McKernan Confirmed at Treasury / Shuffle Involving GSE Board Member / Home Prices Decline Again

October 8, 2025
Brandon Ivey
McKernan is expected to play a major role in efforts to reform the government-sponsored enterprises.
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