Today's Commentary · June 22, 2026

June 22: Verification letter, AI compliance, retention, decisioning tools; Fix-and-flip trends; overnight rate hikes a certainty?

The solstice was yesterday, summer has officially begun, and we can look for the daylight in the Northern Hemisphere to gradually diminish until mid-December. Certainly, Congressional legislation will diminish with only about two weeks left in the legislative calendar until the election. Housing policy? Heck, Congress won’t touch Freddie and Fannie with “a 10-foot pole.” Pennymac has released the latest edition of its Pennymac Policy Pulse, a newsletter tracking key federal policy developments shaping the housing market and broader U.S. economy. When national or state-level organizations engage...