The agencies securitized $30.31 billion of rate-term refis in May, a 32.6% decline from April.

Some $12.26 million of mortgages originated using VantageScore were included in GSE MBS issued in May.

The Florida-based bank has agreed to sell its third-party originations channel to Mortgage Forward, part of the Great Lakes Credit Union family.

Cash window acquisitions by the GSEs look to be cutting into the volume of production flowing to correspondent aggregators.

It's not clear how the GSEs are applying loan level price adjustments to mortgages underwritten with VantageScore.

“There needs to be more clarity on how the GSEs participate in this space,” said Barath Sankaran, a portfolio manager of mortgages at Loomis Sayles.

UWM is willing to revise the terms of its offer to acquire Two Harbors Investment.

In a Truth Social post, President Trump said Pulte will serve simultaneously as FHFA director and acting director of National Intelligence, overseeing national security matters conducted by 18 federal intelligence agencies.

Freddie Mac tools are helping lenders increase efficiency and reduce costs, according to Sonu Mittal, head of Freddie’s single-family acquisitions division.

Purchase-mortgage volume declined 14.3% on a sequential basis, while refinances were up 8.0%. The rise was propelled by FHA refis, which grew 6.2% from the fourth quarter to $24.06 billion.