The share of borrowers using discount points has more than doubled since 2020. The use of discount points is more common among nonbanks.

Chase is marketing its first expanded-credit MBS with mortgages for primary residences.

Some mortgage borrowers are “being caught in a customer service doom loop,” according to the CFPB.

The Senate approved S. 3502, The Home Buyers Privacy Protection Act, on a unanimous vote.

Fannie Mae economists forecast “no meaningful decline ” in the 10-year Treasury rate in 2025.

The correspondent channel gained share in the conventional-conforming market during the third quarter of 2024.

The correspondent channel’s share of originations increased for both conventional-conforming loans and nonconforming mortgages in the third quarter, according to a survey of lenders. Meanwhile, brokers gained share in the government-insured market. (Includes two data tables.)

Ginnie Mae servicing outstanding increased by 1.8% during the third quarter.

The Congressional Budget Office looked at eliminating the high-cost loan limit or extending an add-on to the guarantee fee charged by the GSEs.

Sales of mortgages by banks increased by 20.5% in the third quarter even as the top bank reduced its sales. Eight of the 10 top banks boosted their sales from the second quarter. (Includes two data tables.)