A reduction in interest rates boosted refinance activity during the third quarter of the year.

“I would characterize trades these days as being more strategic than necessary,” said Nick Letica, chief investment officer at Two Harbors Investment.

The Structured Finance Association applauded the senators' efforts.

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.

Rice Park says the "strategic" acquisition expands its capabilities across the mortgage value chain.

Most of the gain came at the cost of the correspondent channel.

CEO Vishal Garg says Better continues to anticipate break-even by the end of the third quarter of 2026.

The bureau's information security program has regressed from fiscal 2024.

Lenders, in general, support the reproposed housing goals for Fannie Mae and Freddie Mac while affordable housing advocates are aghast.

Foreclosure starts rose nearly 20%, while completed foreclosures were up 32% from last year.