Rate-term refi deliveries to agency MBS more than doubled on a monthly basis to $25.37 billion in October.

If the GSEs continue the long-term path of reducing the size of their portfolios, that’s not necessarily attractive for potential investors in a capital raise by the GSEs.

The nonbank is marketing a $341.2 million non-agency MBS in which 41.0% of the dollar volume is mortgages eligible for sale to the GSEs, with jumbos accounting for the rest.

“This would be great for consumers and the safety of the mortgage market, to have both FICO 10T Score and Vantage Score 4.0,” FHFA Director Bill Pulte wrote on X.

Well below 1.0% of mortgages originated in 2024 had 40-year terms.

Mortgage deliveries to the GSEs were up 14.5% from September to October, according to data from Inside The GSEs.

At top-ranked United Wholesale Mortgage, GSE deliveries with private MI were down 9.5% from the second quarter.

New rep and warrant relief at Fannie; ADUs for manufactured homes at Freddie.

VantageScore said adding positive rent reporting as an input it its scoring model would help nearly four million renters achieve a VantageScore of at least 620.

Holdings of both mortgage-backed securities and mortgages increased during the third quarter.