Purchase-mortgage volume increased from the second quarter and refi business dropped.

Rithm’s residential mortgage unit turned a $604.8 million profit before taxes during the third quarter, more than five times the income the unit generated the prior quarter.

“After the significant and rapid repricing, we find ourselves once again facing a highly attractive investment opportunity,” said Smriti Popenoe, co-CEO and president at Dynex Capital.

PrimeLending took a $10.8 million pre-tax loss in the third quarter of 2026 after a $2.0 million pre-tax loss in the second quarter.

The planned $291.0 million issuance is on a shelf named Prism.

Mortgage finance loans outstanding declined by 8.6% on a quarterly basis at Texas Capital Bank.

A recent analysis found that non-agency MBS issuance in the third quarter reached the second-highest production level since the third quarter of 2007.

With traditional mortgage originations depressed, expanded-credit lending could gain more market share.

Annaly Capital Management reported a loss of $1.0 billion in the third quarter of 2026.

“Investors love rising interest rates,” said Joseph Lau, president of LordCap Green and chairman of the Fixed Income Investor Network.