Issuance of home equity loan securitizations declined in the second quarter of 2025, marking the second quarterly decline since mid-2024. Still, volume in the first half of 2025 was well above the level seen in the first half of 2024. (Includes three data tables.)

High MSR prices are prompting some potential buyers to sit out. Prices are being propped up by limited supply and declining servicing costs as big firms invest in technology.

FHFA is working on changes to the GSEs' loan-level price adjustments, according to FHFA Director Bill Pulte.

Special attorney at DOJ to examine allegations of mortgage fraud; Trump nominates chairman of Council of Economic Advisors for position at Fed; impact of slowdown in home price appreciation.

Inflation figures released Tuesday helped to increase the value of stocks, including stocks in mortgage companies.

The inventory of homes for sale is rising and affordability is improving.

Refi applications increased by 23% on a weekly basis last week.

Issuance of prime non-agency MBS linked to non-agency jumbo mortgages increased by 13.4% during the second quarter of to $7.95 billion.

PennyMac originated nearly $230.0 million of mortgages in the pending MBS.

ARMs accounted for 9.5% of residential mortgages locked in July, according to Optimal Blue.