MFA Financial posted an increase in income in the fourth quarter of 2025. The firm’s BPL lender Lima One launched a wholesale channel and plans to relaunch multifamily lending in early 2026.

Though Angel Oak Mortgage REIT’s main focus is non-qualified mortgages, the REIT plans to regularly participate in securitizing home equity lines of credit.

Non-QM impairment rate rises in January; LenderMAC acquires Direct Mortgage.

The government agency is working with industry trade groups on potential revisions to its issuer acknowledgment agreements.

Non-qualified mortgage loans and home equity products are gaining interest from investors, driving securitization up.

The overall levels of delinquencies, though, vary on a nominal and age-equivalent basis.

Analysts at the Urban Institute called for changes at the GSEs and FHA to make adjustable-rate mortgages more attractive for borrowers.

The Trump administration claimed that federal courts have no authority to prevent it from carrying out its duties, while the NTEU argued that blocking a planned reduction-in-force at the CFPB is essential to ensure the agency still exists at the conclusion of the lawsuit.

The nonbank generated $164.5 million of net income in the fourth quarter of 2025. But in a departure from norm, Mat Ishbia, president and CEO of UWM, didn’t take questions from stock analysts.

Talk of a capital raise for Fannie Mae and Freddie Mac has waned in recent months, leading some policy experts to question whether the Trump administration has the appetite to take the GSEs public.