Declining interest rates during the third quarter contributed to a negative $145.8 million mark on the value of Guild’s mortgage servicing rights.

Some $30.44 billion of multifamily loans went into commercial MBS issuance in the third quarter, a 46.1% increase from the second quarter.

The wholesale royalty cost for a FICO credit score for mortgage originations will increase by 41% in 2025 to $4.95.

A business-friendly CFPB, higher insurance premiums for FHA borrowers and an exit from conservatorship for the GSEs are all possibilities.

The profitable third quarter was due to modest improvements in originations coupled with ongoing cost management and productivity programs.

Laura Escobar, 2025 chair of the MBA and president of Lennar Mortgage, encouraged MBA members to become more comfortable incorporating AI into their businesses.

The 10-year opened the day at 4.258% and spiked to nearly 4.50%.

Complaints about credit reporting dominated submissions to the CFPB and they more than doubled on an annual basis through the first three quarters of this year.

Revenues increased 7.7% from 2Q24 but compensation to executives and employees rose 8.2%.

Ultimately, Fitch's long-term issuer default rating on Finance of America went from C to CCC.