The Ninth Circuit ruled this week in favor of Academy Mortgage over a multiplier applied to the attorney’s fees awarded in a False Claims Act settlement involving FHA mortgages.
The initial rate of prepayments in Ginnie Mae custom buydown pools is slower than the prepayment activity in multiple-issuer pools, which could help investors guard their portfolios.
Purchase mortgages and refinances in the highest loan-to-value ratio category accounted for a greater share of mortgages delivered to Fannie Mae and Freddie Mac in the first quarter of 2026. (Includes two data tables.)