Most Recent Secondary markets News

Rate-and-term refinances boost slight jump in lock activity

Rate-and-term refinances boost slight jump in lock activity

Mortgage rate-lock activity ended the year on a strong note in spite of seasonal trends, new industry data found. Processing...

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Trump’s MBS buying plan sparks rally, long-term doubts

Trump’s MBS buying plan sparks rally, long-term doubts

If it comes to fruition, President Trump’s call for a $200 billion purchase of mortgage-backed securities could further tighten MBS...

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GSE retained portfolio growth leads to narrower spreads: KBW

GSE retained portfolio growth leads to narrower spreads: KBW

The spread between the 10-year Treasury yields and 30-year fixed mortgage rates tightened at the end of 2025, largely driven...

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Bessent: Fannie, Freddie offering hinges on MBS spreads

Bessent: Fannie, Freddie offering hinges on MBS spreads

A government-sponsored enterprise stock offering appears to still be in the works with care being taken not to adversely influence...

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A 50-year mortgage to double interest paid over tenor, UBS says

A 50-year mortgage to double interest paid over tenor, UBS says

A 50-year mortgage on a median-priced US home could reduce borrower’s monthly repayment, but also double the amount of interest...

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Fannie Mae cutting 62 positions: FHFA Director Bill Pulte

Fannie Mae cutting 62 positions: FHFA Director Bill Pulte

Fannie Mae has staged a new round of layoffs impacting 62 people viewed as working in noncore functions, according to...

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Fannie Mae names Akwaboah acting CEO, replacing Almodovar

Fannie Mae names Akwaboah acting CEO, replacing Almodovar

Fannie Mae Chief Operating Officer Peter Akwaboah has added the acting CEO title following the departure of Priscilla Almodovar, the...

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Bowman says Fed should use smallest possible balance sheet

Bowman says Fed should use smallest possible balance sheet

Federal Reserve Vice Chair for Supervision Michelle Bowman said the U.S. central bank should seek to achieve the smallest balance...

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Rithm Capital acquires asset management firm Crestline

Rithm Capital acquires asset management firm Crestline

Rithm Capital announced a new acquisition that adds an insurance business and further boosts its efforts to grow beyond its...

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FHA is also adopting the UAD 3.6 appraisal format

FHA is also adopting the UAD 3.6 appraisal format

The Federal Housing Administration, which receives the largest share of mortgage applications among the government guarantors, is adopting the UAD...

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