Readings below the index’s breakeven level of 50 represent negative sentiment and may signal that emerging stagnation may continue.

Insurance companies are adapting to take advantage of the closer relationships offered in the private credit market.

Financial players are trying to get ahead of possible risks as insurers increasingly diversify their portfolios with private credit.

Although delinquencies are higher for certain consumer credit sectors compared to recent years, fundamentals are holding up and analysts are becoming more optimistic about the economy’s performance in the remainder of 2025.

Removing the capital gains tax on home sales wouldn’t necessarily be an effective method of increasing housing supply, and effects on the mortgage market would be limited, according to industry analysts.

Lakeview, the largest servicer of FHA loans in Ginnie MBS, had 3.5% of these mortgages in the 90-plus-day category.

MBA's Megan Booth said the updated code would lead to fewer FHA- and USDA-backed properties.

The delinquency rate on FHA loans in Ginnie MBS inched up at the end of the second quarter, with the share of seriously delinquent loans declining. The reading on VA loans past-due dropped. (Includes four data tables.)

Industry stakeholders said FHA’s move to allow part-time underwriters to qualify for direct endorsement is also likely to reduce operational costs.

The legislation authorizing the Department of Veterans Affairs to establish a partial claim program has yet to be signed by the president and the timeline for implementation isn’t clear.