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Short Takes: Annaly Pulls Back With Latest Expanded-Credit MBS / New Wholesale Lender / Profits Decline at Toll Brothers

August 19, 2026
Brandon Ivey
The $337.5 million expanded-credit MBS Annaly Capital Management is marketing is much smaller than any other expanded-credit MBS the firm has issued this year.
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Short Takes: Message to Employees From Better’s Interim CEO / HELOCs Flowing Into Securitizations / Borrowers Like Modern Credit Scores

August 18, 2026
Brandon Ivey
"We have retained a dedicated team of experienced advisors to assist us with this matter, allowing our leadership team and employees to remain focused on our key operational objectives," Daniel Lewis, interim CEO of Better Home & Finance, wrote to employees amid a battle for leadership of the company.
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Beeline Losses Narrow as Company Repositions Product Mix

August 17, 2026
James Dohnert
Beeline noted that it is actively repositioning its product mix to focus on non-QM production.
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Short Takes: Better Calls on Former CEO to End Rehire Campaign / HELOC Balances Continue to Rise / HomeTrust Acquires Blue Ridge / Rocket Adds New Independent Director

August 17, 2026
James Dohnert
“It is time for Better to move forward with new leadership," Better's board said.
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Short Takes: Subservicer Issues Debt With Acquisition Plans / Figure Plans to Expand Sale Types / Homebuilder Tri Pointe Takes Large Loss / New RTL Securitization Issuer

August 14, 2026
Brandon Ivey
Servbank’s holding company completed a $90.0 million debt offering.
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Income Nearly Doubles at Figure in Second Quarter

August 13, 2026
Brandon Ivey
The second-quarter results included big increases in revenue from ecosystem and technology fees and gains on servicing.
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Non-QM Originations Expected to Continue to Rise

August 13, 2026
Abby Zimmardi
Some $108.0 billion of non-jumbo nonconforming mortgages were originated in 2025, according to Inside Mortgage Finance. That was a 66.2% jump from 2024.
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Short Takes: Ginnie Updates Seasoning Requirements for RPLs / Redwood Goes Bigger With IPL MBS / Few Homebuyers

August 13, 2026
Brandon Ivey
Ginnie will allow trial payment periods to count toward the agency’s seasoning requirements.
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TPG REIT to Focus on HELs Despite Cherry Hill Acquisition

August 11, 2026
Brandon Ivey
The REIT sees more relative value in home equity loans than in other asset classes.
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HomeXpress Increases Originations, Profits in 2Q

August 5, 2026
Abby Zimmardi
HomeXpress Mortgage’s origination volume reached $1.1 billion in the second quarter of 2026, up 23.8% from the quarter prior.
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Latest Imf News

  • GSE Jumbo Activity Up in 2Q, Investment Property Volume Down

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  • FHA Testing of UAD 3.6 Remains on Track

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Featured Data

  • PMIs Gain Purchase Share, Refinance Share Slips

  • FHA Loss-Mitigation Removals Spike in 2Q

  • Prime Non-Agency MBS Issuance Drops in 2Q

  • Agency MBS Issuance Sags in July as Refi Market Fades

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