Primary MI volume in the agency MBS market increased at a faster pace at FHA and VA in the second quarter of 2026 compared with private MI usage with the GSEs.

While other big banks posted sharp increases in originations on a quarterly basis, production at U.S. Bank was down 7.6%.

At a hearing by the House Financial Services Committee, Vought defended his actions to rein in the CFPB and called for additional reforms by Congress.

M&T Bank says it has been adding capacity to its subservicing operations in anticipation of increasing volume.

Aaron Kofsky, the acting deputy director of FHFA’s division of housing mission and goals, represented FHFA at a meeting of the Financial Stability Oversight Council Wednesday.

Rising interest rates took a bite out of MBS and ABS issuance in May and June.

New Federal Reserve Chair Kevin Warsh says markets will have ample warning before the central bank makes significant changes to its balance sheet policy.

PNC's loan sale margin for residential mortgages fell from 2.25% in the first quarter to 2.01% in the second quarter.

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.

Applications for refinances with FHA and VA increased by nearly double digits on a weekly basis last week.