“The real issue with housing is that we have had — and are on track to continue to have — not enough housing,” said Fed Chair Jerome Powell.

A Trump plan for resolution of the GSEs? Sounds like it...

The average interest rate on a 30-year fixed-rate mortgage declined to 6.20% this week, according to Freddie Mac.

Purchase-money mortgages accounted for 82.5% of agency MBS issuance during August, though the refinance share is growing.

Previous industry changes — the Uniform Mortgage Data Program, the single security initiative and the transition away from the London Interbank Offered Rate — took longer than expected to put into place and caught some stakeholders flat-footed.

The Federal Reserve responds to industry criticism by back-pedalling on some of the more aggressive capital requirements in the proposal.

GSE securitizations by Chase soared during August.

A cooling job market is good news for the prospect of interest rate cuts.

While the GSE said in January that it planned to move its headquarters five years ahead of schedule, it will now remain in the property, but only occupy about half as much space.

Qualifying income can only be determined by choosing the lesser of the stable monthly income from the borrower’s new business or from their previous income.