Angel Oak Mortgage REIT generated $767,000 of income during the second quarter of 2025.

FoA will fund the purchase of Blackstone's stake in the reverse-mortgage lender with a convertible debt facility.

“[The combined operations of Rocket and Mr. Cooper] allows us to be opportunistic and stick to really high expected return thresholds, that, if we can meet them, we’ll be active and we’ll bid at those levels and if we can’t, we don’t have to,” said Brian Brown, chief financial officer and treasurer at Rocket.

Expanded-credit MBS issuance with loans to self-employed borrowers increased by 45.3% during the second quarter.

Constructive has 165 employees and originated $840 million of loans in the first half of 2025.

“As we take the next steps to quickly and responsibly implement a VA partial claim program, we expect servicers to continue to offer Veterans a full array of loss mitigation options,” VA’s loan guaranty service said.

“There is still plenty of uncertainty surrounding the economy and job market, which is weighing on prospective homebuyers’ decisions,” said Joel Kan, a vice president and deputy chief economist at the MBA.

“We’ve been very proactive in seeing the housing market decelerate and trying to be on our front foot,” said Mike Fania, co-chief investment officer and head of residential credit at Annaly.

The distillery was the last tie to the legacy business of Eastside Distilling, a publicly-traded company that acquired a mortgage lender in 2024.

Home prices were down 0.2% on a monthly basis in May, according to FHFA.