It’s an all-stock transaction with shareholders in Fathom receiving stock in BBB with an equity value of $53.4 million.

Applications declined by 3.8% on a weekly basis last week.

Non-QM investors prefer disciplined originators, instead of lenders who scale quickly even if it causes additional risk.

Rocket Companies is marketing a $706.0 million securitization of closed-end second liens.

Loans with balances above the baseline conforming loan limit accounted for 16.4% of total originations in the first quarter of 2026.

“The flatter yield curve is burning a hole in a lot of people’s pockets,” sai Alan Qureshi, president of Black Lake Investments.

The mismatch between higher home prices with higher interest rates and household income is narrowing, according to Stuart Miller, executive chairman, CEO and president of Lennar.

“Two-thirds of mortgage holders compared quotes from multiple lenders during their most recent mortgage-shopping process, but only 54% attempted to negotiate,” according to LendingTree.

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.