The change was prompted by delinquencies, though Fitch analysts said the asset class is still performing above base case expectations.

After avoiding questions from analysts during UWM's earnings call for the fourth quarter of 2025, Mat Ishbia spoke via a Zoom video to discuss results for the first quarter of 2026.

Issues stemming from the war with Iran helped to push interest rates on mortgages up last week.

While UWM has repeatedly raised its bid price and made other concessions, Two Harbors has opted to move forward with an acquisition by CrossCountry Mortgage.

A&D Mortgage credited its acquisition of Flagstar Bank's TPO platform for growing its lending footprint.

Castlelake, Redwood team to purchase up to $8 billion of prime loans; MBA's Broeksmit signals support for Basel III reproposal; Single-family housing starts increase in March.

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.

Issuance increased across product types during the first quarter, including a 50.4% increase in volume involving investment-property mortgages, hitting $14.10 billion.

Two closed-end seconds securitizations began marketing this week, each sized at about $285 million.