Some $13.26 billion of high-balance mortgages were included in agency MBS issued during the third quarter of 2025. Nine months into the year, agency high-balance sales were down somewhat on an annual basis, with the decline concentrated in sales to the GSEs. (Includes three data tables.)

The Senate-approved ROAD to Housing Act was dropped from a 2026 defense bill. However, House Republicans indicated that they’re working toward legislation to address housing affordability.

Interest rates on mortgages are expected to remain in a narrow band in the next few years.

Fannie and Freddie issued separate updates aimed at identifying and preventing fraud in mortgage transactions.

The issuance looks to have been prompted by a joint venture SG Capital formed earlier this year known as Hillgrowth Acquisition.

Filing deadline for third-quarter HMDA data has been extended to Dec. 12.

Locks for rate/term refis were down 34.3% on a monthly basis.

The average combined LTV ratio for loans in the pending $365.0 million MBS from Citi is 82.8%.

Foreclosure filings declined by 3% on a monthly basis in November.

Housing Trust Fund allocations for 2026 were just announced, months behind the usual timeline.