Redwood Trust posted a net income of $20.0 million in the fourth quarter of 2025.

When asked Tuesday during Zillow’s earnings call whether mortgage lending is profitable for the company, company officials declined to directly answer the question.

For part of January, the average interest rate on locks for rate-term refis was below 6.0%.

During the fourth quarter of 2025, issuance of expanded-credit mortgage-backed securities declined on a quarterly basis for the first time in two years.

Lenders want to build long-term partnerships with originators ahead of an upcoming boost in production volume this year.

Annaly Capital Management’s net income increased by 20.7% on a quarterly basis in the fourth quarter of 2025.

The $628.3 million securitization of closed-end second liens will be the largest securitization of home equity loans from Chase in the post-2008 era.

An affiliate of Ellington Management Group is offering its first non-agency MBS with GSE-eligible mortgages.

The impairment rate on securitized non-qualified mortgages didn't recover in December after a spike in November that was thought to be tied to the month ending on a Sunday.