Invictus was the sixth-largest issuer of non-agency MBS in the first half of 2026, with $11.27 billion in issuance, according to Inside Nonconforming Markets.
“Credit bureaus need to focus on themselves and their costs, and compete,” wrote FHFA Director Bill Pulte. “Not credit scoring. Stay tuned. A lot will be happening in this sector.”
While the applications subject of the lawsuit were made to Ameritrust, the defendants perpetrated the same fraud on other lenders involving hundreds of other properties, according to the lawsuit filed in the U.S. District Court for the District of Maryland.