AWACS: Mortgage Quality Risk Intelligence
AWACS is a public quality-risk intelligence platform built for mortgage lending executives. It connects repurchase exposure, FHA defect pressure, regulatory enforcement, guideline changes, and current industry signals.
Quality Risk Intelligence
- Ginnie Mae and GSE repurchase trends
- FHA lender defect pressure and compare ratios
- Regulatory enforcement actions
- Agency guideline changes
Supporting Market Context
Mortgage rates, Treasury yields, spreads, inflation, employment, housing, and consumer-credit indicators remain available in the Markets dashboard.
Data sources: Federal Reserve Economic Data (FRED), Freddie Mac PMMS, FHA Neighborhood Watch, Fannie Mae Loan Performance, CFPB, OCC, Federal Reserve, NCUA, FinCEN, Ginnie Mae, and HMDA.
Mortgage quality risk, before it becomes a finding.
Repurchase exposure, FHA defect pressure, regulatory enforcement, and guideline changes connected in one public intelligence layer for mortgage lenders.
Where is exposure building?
- Repurchases: track buyback activity by program and vintage.
- Defect pressure: examine lender claim and default performance.
- Enforcement: follow agency actions and changing requirements.
Public industry signals are context for investigation, not proof of defects in an individual loan. Source dates and availability matter.
See Flightline automated QCFollow risk from industry signal to lender exposure
AWACS focuses on the quality and enforcement signals that create repurchase, compliance, and operational exposure. Market conditions remain supporting context.
Repurchase Intelligence
See where buyback activity is rising, how exposure concentrates by issuer, and which loan characteristics precede repurchase risk.
Explore repurchasesFHA Defect Pressure
Compare lender claim and default performance against peers using FHA compare-ratio and endorsement data.
Open defect monitorRegulatory & Enforcement
Track enforcement actions and guideline changes across the agencies shaping mortgage operations.
Review regulatory riskLatest published analysis
Sep 4, 2026
30-year mortgage rates advance to 6.71% with Treasury yields flat at 4.79%, expanding primary spreads by 5 basis pointsRates and macro data remain available as context
Follow mortgage rates, Treasury yields, spreads, inflation, housing, employment, and consumer-credit indicators after reviewing the quality-risk picture.