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.

“People are ready to refinance, people are ready to buy,” said Mat Ishbia, chairman, CEO and president of United Wholesale Mortgage.

The concept of reducing Fannie Mae/Freddie Mac LLPAs on second homes and cash-out refis is being pushed by Barry Habib, a principal in MBS Highway, who was named to Fannie’s board this summer.

Pennymac is marketing a $426.5 million non-agency mortgage-backed security stocked with investment-property mortgages eligible for sale to the government-sponsored enterprises.

Pennymac was the top issuer of prime non-agency MBS in the third quarter.

Much of the swing was tied to increases in salaries, commissions and team member benefits along with general and administrative expenses.