Ackman proposed a timeline that would allow the Trump administration to claim some short-term victories while working toward a larger capital raise.

Earnings were helped by a surge in loan applications that locked in September.

Onity is selling reverse-mortgage MSRs to Finance of America Reverse and ending production of the loans.

The parent company of CrossCountry Mortgage priced a $600.0 million debt offering that was upsized due to investor demand.

Volume dropped for Newrez in the third quarter but was up overall, and up significantly at Select Portfolio Servicing.

“I would characterize trades these days as being more strategic than necessary,” said Nick Letica, chief investment officer at Two Harbors Investment.

Production and sales revenue lifted mortgage-banking income at a number of banks in the third quarter.

Servicers find new opportunities to leverage AI in the call center in a play to reach more younger borrowers.

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

The nonbank is poised to begin servicing new originations in the first quarter of 2026. And outstanding volume will shift from subservicers during the year.