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Short Takes: Mortgage Rates, Which Way? / Ah, the 10-Year / Two Harbors Busy / A Longer Stay for Freddie’s (Interim) CEO

September 22, 2025
Paul Muolo and Brandon Ivey
Mortgage rates headed lower? Maybe not...
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FHFA Planning to Reduce Regulation for GSEs, FHLBanks

September 19, 2025
Dennis Hollier
FHFA’s spring regulatory agenda includes plans to reverse four proposed new rules from the prior administration and five rules that have already been finalized.
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Nonbank Lenders Ramp Up ARM Deliveries to Agency MBS

September 18, 2025
Brandon Ivey
Some $3.70 billion of ARMs were included in agency MBS issued during the second quarter of 2025.
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Short Takes: UWM Offers Modest Boost to Loan Limit / UWM Extends Refi Incentive / Housing Starts Decline / Home Sales in CA Expected to Inch Up

September 18, 2025
Brandon Ivey
UWM is offering conforming-mortgage pricing for certain mortgages with balances up to 1.5% above the current baseline conforming loan limit.
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Uncertainty on GSE Reform as Trump Admin Holds Meetings

September 17, 2025
Brandon Ivey
There are more questions than answers as the Trump administration considers action involving Fannie Mae and Freddie Mac.
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Multifamily Player Comfortable With GSE Reform

September 16, 2025
Brandon Ivey
"I think any outcome is ultimately an acceptable outcome," Michael Comparato, president of Franklin BSP Realty Trust, said of potential reforms to the GSEs.
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Fannie/Freddie Market Share the Lowest in 18 Years

September 15, 2025
Dennis Hollier
The real market share winner, of course, has been Ginnie Mae.
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Lutnick Offers Some Details on Planned GSE IPO

September 12, 2025
Dennis Hollier
The Commerce secretary says a year-end offering of GSE stock is still possible.
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Refis Help Push Agency MBS Issuance Up in August

September 9, 2025
John Bancroft
Issuance increased by 7.8% from July and marked the strongest monthly total since November 2024.
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Short Takes: FHFA’s Market Share Cap Unclear / Home Purchase Sentiment Ticks Down / Fairway Partners With OpenAI

September 9, 2025
Brandon Ivey
If subservicing is included in FHFA's market share cap, Rocket plans to shift some of the servicing mix at the combined Rocket/Mr. Cooper.
Read More
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