The new deal increases the cash election from UWM’s previous offer from $11.30 to $12.00 per share, a $0.70 premium per stock compared to the deal the Two Harbors board accepted from CrossCountry Mortgage last month.

In a note to investors last week, Goldman Sachs Managing Director Arun Manohar said he is not particularly optimistic about the longer-term success of VantageScore 4.0 in the agency MBS market.

“The market is forgetting how bad it can get because it’s been good for so long,” said Brian Simon, a managing director at Bungalow Funding, an MSR investor.

Fed holds rates steady for third time in a row; UWM adds VantageScore to reporting for conventional loans; Fresh housing supply boosts pending home sales in April.

M&T Bank expects its FHA servicing business will have strong returns in the second half of this year.

Two Harbors announced that it has amended its merger agreement with CrossCountry Mortgage during its 1Q earnings call.

Bayview handled a $436.71 billion Ginnie portfolio as of the end of March, up 1.5% from the end of 2025.

The fair value of mortgage servicing rights improved as interest rates increased near the end of the first quarter.

The impairment rate on securitized non-qualified mortgages declined by 28 basis points on a monthly basis to 6.9% as of the end of March, according to dv01.

The main difference in 2026 was that later-stage delinquencies increased.