Economy

Amortization will start after the deal's two-year revolving period, when the trust will deposit revenue including collections and upgrades into the acquisition account.

Small-balance commercial mortgages, SBA 504 and investor loans, all first-lien, make up the collateral pool.

The current pool has smaller exposures to the construction and turf sectors compared to the 2024-2 series, which have seen higher loss rates than the agriculture sector.

Lenders and developers are now working their contacts in Washington to try to protect Ginnie Mae.

The potential impacts of import tariffs cloud the outlook, though, and could lead mortgage rates to surge and fall throughout the coming year.

Federal Reserve Chair Jerome Powell said insurance companies and banks are already pulling out of disaster-prone areas, which could pose problems.

The rating agency covers its bases in preparation for a surge in data center debt

Most participants in a monthly Wolters Kluwer survey no longer think the next short-term rate reduction will be in March.

While mortgage employment is lower year-over-year, the mixed bag of data makes it more likely that borrowing rates will remain higher for longer.

The 30-year fixed rate mortgage continues to slip away from the 7% mark, Freddie Mac said, but experts still expect them to stay higher for longer.