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.

Rocket Mortgage, United Wholesale Mortgage to increase stock float; UWM launches tech offerings for brokers; Blend selling title insurance unit.

Participants in the agency MBS market said if the Trump administration wants to release the GSEs from conservatorship, it should be done in a way that preserves many of the functions currently provided by Fannie Mae and Freddie Mac.

The Trump White House wants the Fed to cut rates but with employment healthy and U.S. deficits growing larger, that’s not likely to happen. One casualty: MBS prices.