Silvio Tavares, president and CEO of VantageScore, downplayed concerns that some originators would use both classic FICO scores and VantageScore 4.0 in the underwriting process and pick the better of the two scores to qualify a borrower.

Johnson was deputy director of the CFPB during the first Trump administration.

The decline in issuance was driven by refinances, with refi volume off 16.8% on a monthly basis.

Spring EQ is a longtime player in the home equity loan market, but the firm is rarely the sole contributor to a securitization.

The MBA's white paper, prepared by the law firm of Orrick, Herrington & Sutcliffe, addresses various questions regarding AI usage.

Kiavi originated more than $7.0 billion of loans in 2025, with a focus on short-term residential transition loans along with mortgages underwritten using debt service coverage ratios.

Lenders denied 12.1% of applications for jumbo mortgages in 2025.

Applications increased by 10.8% on a weekly basis, including a 15% rise in requests for refinances.

Deal sizes have increased with each issuance, growing from $234.5 million for the first deal from Figure, in August, to $373.3 million with the new issuance.

“The existing home sales data reflects momentum that was building earlier this spring, when buyers briefly benefited from improved affordability and greater purchasing power,” said Kamini Lane, CEO and president of Coldwell Banker Realty.