Invictus was the sixth-largest issuer of non-agency MBS in the first half of 2026, with $11.27 billion in issuance, according to Inside Nonconforming Markets.
“Credit bureaus need to focus on themselves and their costs, and compete,” wrote FHFA Director Bill Pulte. “Not credit scoring. Stay tuned. A lot will be happening in this sector.”
Fannie Mae and Freddie Mac will use the same LLPA pricing grid for both VantageScore 4.0 and Classic FICO, eliminating the 20-point haircut they were applying to VS4 loans.
The district court sided with the Trump administration, determining that the employees failed to plausibly allege a claim for retaliation under the Fair Housing Act.
Retail and correspondent originations of government loans were up 16.7% and 13.7% from the first quarter to the second quarter, according to survey data analyzed by Inside FHA/VA Lending.