United Wholesale Mortgage has increased its bid for Two Harbors Investment after CrossCountry Mortgage matched its previous bid for the real estate investment trust.

FICO’s CEO argued that VantageScore isn’t gaining much traction in the MBS and ABS markets, and that the only way the score will take share with GSE mortgages will be if lenders game the system.

The Two Harbors board has recommended that shareholders vote against UWM’s recently revised proposal to acquire the company.

Two Harbors board cited concerns about UWM's balance sheet and committed financing in a statement released this week.

Origna8 is providing brokers a platform that can be used for lead generation, agentic-AI marketing, lender relationship management and data analytics.

Declining interest rates in January and February helped to push refinance business up, but not enough to offset the seasonal decline in purchase-mortgage lending in the first quarter.

The new deal increases the cash election from UWM’s previous offer from $11.30 to $12.00 per share, a $0.70 premium per stock compared to the deal the Two Harbors board accepted from CrossCountry Mortgage last month.

Stakeholders are speculating on the next steps for bringing the new credit scores to market without complete transparency.

Fed holds rates steady for third time in a row; UWM adds VantageScore to reporting for conventional loans; Fresh housing supply boosts pending home sales in April.

Banks and other depository institutions regained a little market share in GSE servicing during the first quarter of 2026 after 11 consecutive quarters of losing share to nonbanks. (Includes two data tables.)