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Interest Rates on Mortgages Still Rising

September 30, 2026
Brandon Ivey
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.
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GSEs Extend Deadline for Adoption of Uniform Appraisal Dataset Revision

September 30, 2026
Brandon Ivey
The planned implementation date has long been Nov. 2 but the government-sponsored enterprises pushed it to May 19, 2027.
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Banks Reduce Holdings of Residential MBS in Trading Accounts

September 30, 2026
John Bancroft
Holdings declined by 2.8% during the second quarter of 2026.
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Insurance Affiliate to Buy Majority Stake in Invictus

September 30, 2026
Brandon Ivey
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.
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Short Takes: Pulte Promises More Action on Credit Scoring / FICO Investors Spooked / ICE Offers Whole-Loan Pricing

September 30, 2026
Brandon Ivey
“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.”
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FHFA Eliminates Haircut on VS4 Scores With GSEs

September 29, 2026
Dennis Hollier
Fannie Mae and Freddie Mac will use the same LLPA pricing grid for both VantageScore 4.0 and Classic FICO, eliminating the 20-point haircut they were applying to VS4 loans.
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Homeseller Impersonation Fraud Rising, Aided by AI

September 29, 2026
Shannon Clark
AI is allowing fraudsters to more easily create convincing documents, communications and images.
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GSEs Lose More Servicing Share in Second Quarter

September 29, 2026
Brandon Ivey
The GSEs’ share of servicing topped out at 50.4% in March 2022 and has declined each quarter since then, through June 2026.
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Court Dismisses Lawsuit by Former HUD Office of Fair Housing Attorneys

September 29, 2026
Brandon Ivey
The district court sided with the Trump administration, determining that the employees failed to plausibly allege a claim for retaliation under the Fair Housing Act.
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Short Takes: Home Prices Rise in July / Rocket Going With VS4 / $0.99 Per Score Through 2028 / Citi Selling Seasoned ARMs

September 29, 2026
Brandon Ivey
Annually, home prices were up 2.6% in July, according to FHFA.
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