Locks were up 2.0% from May.

Some 29% of households surveyed by Fannie Mae in June said they were concerned about potentially losing their jobs, up from a 22% share in May.

The issuers started marketing the deals just before the Fourth of July weekend.

FHA and VA purchase-mortgage volume increased by nearly 30% in the second quarter of 2025 compared with the previous quarter. GSE mortgages with private MI and agency purchase mortgages without primary MI lagged behind. (Includes two data tables.)

The share of GSE purchase mortgages with credit scores of at least 740 increased from 73.8% in the first quarter of 2025 to 74.6% in the second quarter. A similar trend was seen in GSE refi business. (Includes two data tables.)

Both the correspondent and broker channels increased their market share recently.

For mortgage companies not currently subject to the BSA’s anti-money laundering reporting requirements, Fannie will implement requirements of its own.

The analysts suggested that President Trump could issue an executive order directing the secretary of the Interior to auction as much as 180 square miles of federal land.

Pulte is pointing to testimony from Powell regarding renovations at the Fed’s headquarters.

In 2024, Ginnie MBS accounted for about 20% of large-bank investment security holdings with zero risk weight.