Rocket Companies sees opportunities for growth as some lenders pull back, according to Brian Brown, chief financial officer and treasurer of the firm.

By the end of 2026, the bulk of United Wholesale Mortgage’s servicing will be handled internally, according to CEO and Chairman Mat Ishbia. The nonbank still plans to use subservicers for certain loans.

While government-insured mortgages are assumable, few assumptions are completed due to various obstacles. GSE mortgages were also assumable until the 1980s, when legal issues prompted a change.

The Basel III re-proposal could include relief for mortgages; FICO to release historical data for 10T score.

Delinquencies are expected to increase primarily because the unemployment rate is projected to increase.

Ellington Financial is marketing a $450.7 million non-agency mortgage-backed security with mortgages for investment properties underwritten using debt service coverage ratios.

Pennymac issued an average of one non-agency MBS per month this year focused on GSE-eligible mortgages for investment properties. And Redwood is marketing its 13th jumbo MBS of the year.

"We are considering approaches to more granularly differentiate the riskiness of mortgages with benefits extending to financial institutions of all sizes, not just the largest banks," said Michelle Bowman, vice chair for supervision at the Federal Reserve.

FHFA disagreed with the GAO's assessment.

The Office of the Comptroller of the Currency is looking into developing a “simplified strategic plan process” for community banks to comply with the Community Reinvestment Act.