Pending proposals from the Fed would impact MBS market; Moody’s looks to rate securitizations of home equity loans.

The Federal Reserve will soon issue proposals revising capital requirements set under the Basel framework in a way that could increase bank involvement in mortgage originations and servicing.

Fannie projects that the average interest rate on a 30-year fixed-rate mortgage will hold at 6.1% in the second quarter before declining to 6.0% in the third quarter and then remain at that level through the end of 2027.

Delinquencies continue to rise but industry participants stress there’s no cause for concern. They pointed to a change in FHA loss-mitigation policies during the fourth quarter and “market recalibration.” (Includes two data tables.)

Armour’s investment portfolio increased by 60% on an annual basis to $20.0 billion as of the end of 2025.

Mixed readings on home starts, sales and prices in January.

“Builders reduced their expectations for future sales as buyers report affordability challenges, which is contributing to declining consumer confidence for the overall economy,” said Buddy Hughes, chair of the National Association of Home Builders.

Union Home Mortgage hired a national vice president of mergers and acquisitions.

The Fed will soon issue a proposal to loosen capital requirements for bank holdings of mortgage servicing rights and a proposal loosening capital requirements for mortgages held in portfolio by banks.

Rithm Property Trust is looking to acquire an agency multifamily loan originator or servicer.