“Job gains in September, following the data blackout, are reassuring and suggest the economy is not slipping into a recession,” said Lawrence Yun, chief economist at the National Association of Realtors. “This may boost confidence in future homebuying.”

$YLDS availability on the Solana blockchain will allow investors in home loans to access credit in smaller, more fungible pieces, instead of waiting for securitizations or buying whole-loan pools.

Eight expanded-credit MBS hit the market this week, with a total unpaid principal balance of $3.38 billion.

The parent company of CrossCountry Mortgage priced a $600.0 million debt offering that was upsized due to investor demand.

HEL securitization volume for the first nine months of the year hit $20.58 billion, up 70.8% from the first nine months of 2024.

Figures from the Census Bureau tracking sales of new homes haven’t been available since data for August due to the recent partial shutdown of the federal government.

Volume dropped for Newrez in the third quarter but was up overall, and up significantly at Select Portfolio Servicing.

Thom Malone, principal economist at Cotality, said in a report that investors are waiting until a home has been sitting on the market so they can negotiate a lower price.

Figure generated $89.8 million of net income in the third quarter, well beyond the $29.4 million in income the company had in the first half of the year.

“Many prospective homebuyers are watching the news of weakness in the economy and are carefully monitoring their own economic situations,” said Lisa Sturtevant, chief economist at Bright MLS.