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Securitization Growth Slowed as Second Quarter Progressed

July 15, 2026
John Bancroft
Rising interest rates took a bite out of MBS and ABS issuance in May and June.
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Warsh Says No Sudden Moves With Fed's Balance Sheet

July 15, 2026
Dennis Hollier
New Federal Reserve Chair Kevin Warsh says markets will have ample warning before the central bank makes significant changes to its balance sheet policy.
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PNC Increases Originations in 2Q, Margin Declines

July 15, 2026
Brandon Ivey
PNC's loan sale margin for residential mortgages fell from 2.25% in the first quarter to 2.01% in the second quarter.
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Treatment of Warehouse Lending in Basel Re-Proposal Seen as Too Harsh

July 15, 2026
Brandon Ivey
The Mortgage Bankers Association said, if implemented, the proposed changes would make it “unattractive for banks to continue to offer” warehouse lines to nonbank mortgage companies.
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Short Takes: FHA, VA Refi Applications Up Even With Higher Interest Rates / JPMorgan Selling ARMs / New American Funding Switching to Vesta’s LOS / Activist Shareholder Pressures loanDepot

July 15, 2026
Brandon Ivey
Applications for refinances with FHA and VA increased by nearly double digits on a weekly basis last week.
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Originations Spike at Big Banks in 2Q, Production Revenue Down

July 14, 2026
Brandon Ivey
JPMorgan Chase originated $21.2 billion of residential mortgages during the second quarter, a 27.7% quarterly increase.
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LTV Ratios Rise on GSE Deliveries in Second Quarter

July 14, 2026
Brandon Ivey
Lenders were a little more lenient about loan-to-value ratios on their deliveries to the GSEs during the second quarter of 2026.
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Depository Regulators Issue Guidance on Lending to Noncitizens

July 14, 2026
Shannon Clark
The guidance was in response to a May 19 executive order regarding risks to the financial system from individuals not authorized to work in the U.S.
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Bill Beneficial to Credit Resellers Advancing in House

July 14, 2026
Shannon Clark
The Fair Credit Reporting Reseller Accuracy Act aims to reduce litigation for credit resellers.
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Support for Tax Credit for Construction, Rehabilitation

July 14, 2026
James Dohnert
H.R.2854, the Neighborhood Homes Investment Act, would provide federal tax credits to help close the gap between the cost of constructing or rehabilitating a home and its market value.
Read More
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Latest Imf News

  • Securitization Growth Slowed as Second Quarter Progressed

  • Warsh Says No Sudden Moves With Fed's Balance Sheet

  • PNC Increases Originations in 2Q, Margin Declines

  • Treatment of Warehouse Lending in Basel Re-Proposal Seen as Too Harsh

More Imf News

Featured Data

  • GSE Buybacks Slow in 1Q, Freddie’s Pipeline Up

  • Originations Decline Across All Channels in 1Q

  • Fitch Retains Lead in ABS Ratings, Moves Up in MBS

  • Nonbank Tops Home Equity Lenders for First Time

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Featured Reports

  • GSE Repurchase Activity: Cumulative Through Fourth Quarter 2025 (PDF Format)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 1Q26 (PDF)

  • Top Mortgage Players: 1Q26 (PDF)

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