“For MBA, the most critical issue to address before releasing the GSEs is the establishment of an explicit federal backstop for mortgage-backed securities,” according to Bob Broeksmit, president and CEO of the Mortgage Bankers Association.

The GSE loan limit for high-cost areas will increase to as much as $1,209,750 for one-unit properties in 2025.

The baseline conforming loan limit for a one-unit property will be $806,500 for 2025.

The new plans from FHFA focus on efforts for rural markets, manufactured housing and first-time homebuyers.

The big question: Who will Bessent hire at Treasury to make the GSE (release) dream happen?

Two new partnerships were announced this month that will help assist with housing access on tribal lands.

Deliveries of refinances to the government-sponsored enterprises jumped from $9.37 billion in September to $15.59 billion in October.

The GSEs detailed the property insurance requirements in bulletins in February, as directed by the Federal Housing Finance Agency.

The share of mortgages in forbearance increased from 0.34% as of the end of September to 0.47% at the end of October, according to the Mortgage Bankers Association.

If Calabria is tapped for the FHFA job again, more of the same can be expected: higher capital requirements, increased fees and a smaller GSE footprint.