The Fed cut the federal funds rate by 25 basis points this week and further cuts are expected. Even if interest rates on mortgages don’t come down much more, demand for loans is expected to increase.

While the trade group still submits formal comment letters, sometimes faster action is needed, such as a text from MBA President and CEO Bob Broeksmit to an administration official.

loanDepot’s common now trades for almost $5.00 a share after being close to $1.00 for much of the year. Theories for the shift include factors specific to the company or signs that the industry is turning the corner.

Even if interest rates on mortgages don't decline further, the Fed's 25-basis-point rate cut is seen as helping to increase awareness about rate moves.

The unit started issuing jumbo mortgage-backed securities mid-2024.

Some $3.70 billion of ARMs were included in agency MBS issued during the second quarter of 2025.

Nomura has issued a handful of other non-agency mortgage-backed securities in recent years.

UWM is offering conforming-mortgage pricing for certain mortgages with balances up to 1.5% above the current baseline conforming loan limit.

There are more questions than answers as the Trump administration considers action involving Fannie Mae and Freddie Mac.

Applications for refis accounted for nearly 60% of mortgage applications received last week.