“There are lots of risks to the downside if this is not done in a deliberate way,” said Libby Cantrill, a managing director and head of public policy at PIMCO.

ARMs accounted for less than 1% of total FHA originations in 2024.

FHFA will make “some decisions” regarding credit score costs shortly, according to Bill Pulte.

House passes budget bill that would slash CFPB funding cap; CFPB sharply reduces consent order fine; CFPB moving forward with ICBA testing for revised loan disclosures; FTA defends open banking rule.

"I’ve got to be careful with what I say," Pulte said.

Sales of new single-family homes increased by 10.9% on a monthly basis in April.

Originations of purchase mortgages increased by 2.7% on an annual basis in the first quarter of 2025.

Upsizing typically indicates exceptionally strong demand for a securitization.

Higher-priced mortgages accounted for 2.4% of total originations tracked in HMDA in 2024.

"It's difficult for the market to know what to do with this news," said Michael Bright, CEO of the Structured Finance Association.