Regional differences in mortgage closing costs largely explain the seemingly irrational “failure to refinance” of some borrowers when rates fall.

Federal Housing Finance Agency Director Sandra Thompson wants closer collaboration among the FHLBanks, the Federal Reserve and FDIC.

Several commenters argued that any capital requirement on commingled securities might interfere with the fungibility of the uniform mortgage-backed security.

Mortgage industry trade groups continue to pressure the Biden administration to intervene in the MBS market to help struggling homebuyers overcome high interest rates and low supply.

Banks make fewer jumbo mortgages in regions with poor flood mapping, but securitizable conventional lending appears unaffected.

Even though machine learning and other forms of artificial intelligence have made the mortgage industry much more efficient, experts are less optimistic it can reduce racial inequity in the system.

Fannie President David Benson and Chief Administrative Officer Jeffery Hayward announce their retirements.

In the first 10 months of 2023, the GSEs’ combined refi production came to just $67.79 billion...

One Freddie official noted, "The market thought we would issue at any level, but it was uneconomical"...

Overall deliveries to the GSEs fell 11.0% in October and were down 51.2% year-to-date compared to 2022. That’s largely due to the decline in refis, which are off 85% compared to the first 10 months of last year. (Includes two data tables.)