GSE MBS investors were frustrated with limited communication from the Trump administration even before FHFA Director Bill Pulte was named acting director of national intelligence this week. The appointment prompted more speculation about the future of the GSEs.

Sylvain Raynes, the new lead of the structured finance practice at Egan-Jones Ratings Company, warned that MBS and ABS investors are losing money if they’re relying on fairly static ratings from other firms.

Officials at Pennymac note that the correspondent channel has been losing some share to the GSEs. (Includes six data tables.)

Buying by insurance companies is seen as a key driver in the expanded-credit MBS market.

The CRT transaction will cover close to half of the first-lien mortgages OceanFirst was holding as of the end of March.

Conventional-conforming mortgages accounted for 54.3% of originations in the first quarter of 2026.

Sales of new single-family homes declined by 6.2% on a monthly basis in April.

The rating service last week finalized a methodology update that will allow it to rate securitizations of home equity loans.

Conventional-conforming mortgages accounted for 54.3% of originations in the first quarter of 2026. Rocket Mortgage was the top producer of the loans in the quarter. (Includes two data tables.)

The interest rate outlook is looking better for MSR values than it is for mortgage originations. New Fed Chair Kevin Warsh faces headwinds on a rate cut this year, with some economists anticipating that the next move by the central bank will actually be a rate hike.