Ted Tozer, a fellow at the Urban Institute and former Ginnie president, said he expects the volume of buydowns in custom single-family pools to explode as lenders take advantage of the rule change.

Ginnie Mae eliminated the 10% concentration limit on buydown securitizations in custom single-family MBS.

The legislation cleared the House Committee on Financial Services with a 46-0 vote this week against opposition from credit bureaus.

Canadian startup Zown is offering its low commission and downpayment assistance services in California, marking its entry into the U.S.

ABS tied to royalties from older music exhibit more stable performance than recent releases, according to KBRA.

The White House released more details on its plan to reduce funding for the Department of Housing and Urban Development by $33 billion, as the Senate returns from recess to begin deliberations.

More renters believe owning a home is financially riskier than renting, according to a new survey by the Federal Reserve.

The Fed lifts asset cap imposed on Wells Fargo; bill to establish VA partial claims program introduced in Senate; mortgage applications slow.

Lenders turned down 24.5% of VA refi applications in 2024, compared with 37.3% in the previous year.

The bill largely aligns with legislation approved in the House in May.