Some 9.2% of purchase loans sold to the GSEs in 3Q24 had credit scores below 700.

Kroll tested whether the new models accurately reflect the creditworthiness of borrowers who previously could not get a credit score.

Issuance of single-family agency MBS increased by 13.1% from the second quarter, hitting its highest level in two years.

An estimated 64.2% of newly-originated home loans were securitized in the second quarter, down from 67.2% in the first quarter.

The annual home price growth rate may slow further in September, according to Intercontinental Exchange.

“After reviewing the comments and reconsidering the proposed rule’s substantive and procedural amendments, FHFA has determined that a number of material changes to the rule are necessary,” the agency said.

Ginnie Mae posted a 1.8% increase to finish the second quarter with $2.445 trillion in single-family MBS outstanding.

Recent readings on home price appreciation suggest that annual appreciation in 2024 could be lower than expected.

The retail channel boosted its share of conventional-conforming lending by 308 basis points to 43.2% in the second quarter of 2024.

Annual readings for home price appreciation are close to falling below the increase in conforming loan limits some lenders have offered for 2025.