The nonbank took an $8.7 million loss in the third quarter compared with a $25.3 million loss the previous quarter.

“I’ve just guided that no matter what, I’m going to have the best quarter we’ve had in 4 years,” said Mat Ishbia, chairman, CEO and president of United Wholesale Mortgage. “Maybe you guys will recognize that and realize that we’re dominating out here.”

The lender’s margin went from 1.13% in the second quarter to 1.30% in the third quarter.

New rep and warrant relief at Fannie; ADUs for manufactured homes at Freddie.

Gain-on-sale margins and a strong recapture rate helped boost Guild earnings in the third quarter. 

FICO said the increase in business-to-business revenue was primarily attributable to a higher mortgage origination scores unit price.

VantageScore said adding positive rent reporting as an input it its scoring model would help nearly four million renters achieve a VantageScore of at least 620.

Prior to the financial crisis of 2008, the median age for first-time homebuyers was around 30 years old.

“When you think about the [asset-based finance] world ... these are two of the hottest products that [investors want to get access to],” said Michael Nierenberg, chairman, CEO and president of Rithm Capital.

An affiliate of Invictus Capital Partners is set to issue a $707.4 million expanded-credit mortgage-backed security.