December 5, 2025

Largest Sellers See GSE Deliveries Wane in November

UWM, Rocket and Pennymac all sold fewer mortgages to the GSEs in November than in October. That contributed to a 1.3% monthly decline in GSE MBS issuance. (Includes two data tables.) Read More

Freddie Seeks Transparency From Lenders Using AI

The growing sophistication of AI use is now reflected in an updated policy to manage the risk associated with the tech. Read More

Pulte in the Crosshairs for Mortgage Fraud Referrals

After months of investigating Trump critics over allegations of mortgage fraud, FHFA Director Bill Pulte increasingly finds himself the target of investigations into possible episodes of misconduct and the misuse of power. Read More

GSE Reform Gets a Skeptical Reception

Industry observers note that, despite its bold pronouncements about a public offering for the GSEs, the Trump administration still has not addressed the key issues that make this a risky proposition. Read More

Senate Considers GSE Securitization of AD&C Loans

Legislation could prompt a study by the GAO to see if a secondary market for securitizations of acquisition, development and construction loans would help increase the supply of new-built homes. Read More

FHFA Juices Multifamily Caps for GSEs

Next year, the GSEs will see a $30 billion hike in their combined multifamily caps, which is in keeping with forecasts of more multifamily activity in 2026. Read More

GAO Urges FHFA to Provide GSEs More Fair Housing Guidance

FHFA Director Bill Pulte’s decision to rescind or amend existing agency guidance on fair lending and fair housing requirements has muddled the compliance requirements for Fannie and Freddie. Read More

GSE Roundup

FICO 10T takes a step forward; Trump names new acting IG of FHFA; a new, old analyst for Fannie Mae. Read More

Inside The GSEs

View Archived Issues

Largest Sellers See GSE Deliveries Wane in November

Freddie Seeks Transparency From Lenders Using AI

Pulte in the Crosshairs for Mortgage Fraud Referrals

GSE Reform Gets a Skeptical Reception

Senate Considers GSE Securitization of AD&C Loans

FHFA Juices Multifamily Caps for GSEs

GAO Urges FHFA to Provide GSEs More Fair Housing Guidance

GSE Roundup

Latest Imf News

GSE Purchase-Mortgage Volume With Private MI Gains Share

PrimeLending Loss Narrows in 1Q

Agency MBS Investors See Better Days Ahead

Lawmakers Push to Stop BTR Housing Sales Mandate

Featured Data

Non-Agency MBS Issuance Heads Higher in First Quarter

ECM Drives Non-Agency MBS Issuance in Early 2026

Agency Servicing Market Subdued in Early 2026

Largest Lenders, Nonbanks Grab More Lending Share

Featured Reports

Agency Channel Analysis: 4Q25 (PDF)

GSE Repurchase Activity: Cumulative Through Fourth Quarter 2025 (PDF Format)

Mortgage Profitability Report 4Q25 (PDF)

Mortgage Servicing Rights Report: 4Q25 (PDF)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

Inside The GSEs

December 5, 2025

Download Files:

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?