The ARM share of first-lien originations increased to 16.8% from 15.0% in the first quarter.

Matt Jones, the Trump administration’s nominee for commissioner of FHA, plans to continue to work to reduce mortgage costs and housing costs if confirmed for the position.

FHFA’s IG told members of Congress that the planned budget cuts would require the IG to wind down its operations and cut nearly its entire staff.

In recent weeks, Better has disputed shareholder share counts announced by Garg and accused him of violations of securities laws in his effort to remove directors at the company.

FICO launched a direct license program a year ago but adoption has been hindered by lack of approval from FHFA for use by the government-sponsored enterprises.

The average contract rate for a 30-year fixed-rate conforming mortgage jumped by 18 basis points in a week, to 7.30% as of Sept, 25, according to the Mortgage Bankers Association.

The planned implementation date has long been Nov. 2 but the government-sponsored enterprises pushed it to May 19, 2027.

Holdings declined by 2.8% during the second quarter of 2026.

Invictus was the sixth-largest issuer of non-agency MBS in the first half of 2026, with $11.27 billion in issuance, according to Inside Nonconforming Markets.

“Credit bureaus need to focus on themselves and their costs, and compete,” wrote FHFA Director Bill Pulte. “Not credit scoring. Stay tuned. A lot will be happening in this sector.”