Well, at least the White House is thinking about it...

Most of the downturn was in refinance activity, but GSE acquisitions of purchase-money mortgages also fell slightly last month.

The pipeline of unresolved buyback requests swelled to $876.0 million at the end of March, a 19.6% increase from the previous quarter.

When one MBS window closes, another appears...

Looking at Freddie mortgages active as of January, researchers found that nearly 50% of Black homeowners would have saved at least $1,200 a year if they had refinanced while almost 20% would have saved at least double that amount.

One lender may move to cut 300 workers...

At face value, the disparity between the cost of the transactions and the return on investment seems ludicrous...

GSE regulator Sandra Thompson: “FHFA has nothing against big players, but their size means that they don’t have to worry about accessing the capital markets. Small lenders, on the other hand, may be able to leverage local knowledge to best serve their communities.”

Although total conventional-conforming production was up, the top four lenders in the market all reported slowing volume.