Cash window acquisitions by the GSEs look to be cutting into the volume of production flowing to correspondent aggregators.

It's not clear how the GSEs are applying loan level price adjustments to mortgages underwritten with VantageScore.

“There needs to be more clarity on how the GSEs participate in this space,” said Barath Sankaran, a portfolio manager of mortgages at Loomis Sayles.

UWM is willing to revise the terms of its offer to acquire Two Harbors Investment.

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.