The biggest change for Dynex in the third quarter was a sharp increase in unrealized losses on investments.

Homebase is available to MBA members at an annual subscription fee of $150 and to non-members for $300. The platform offers continuing education coursework, coaching, community engagement and advocacy opportunities.

The new tool applies certain simulated actions that borrowers can do to increase their scores and returns the projected VantageScore 4.0 credit score based on the actual credit model algorithm.

Saluda Grade will provide capital for Zippy and work alongside it on credit, product development and other areas.

Lenders see recapture programs as a growth opportunity as origination volume is expected to decline next year.

MBA Chairman Owen Lee said the program is part of the trade group’s priority to strengthen its relationship with loan officers.

By loan count, the MBA forecasts that total mortgage originations will decline by 5.6% from 2026 to 2027.

The Mortgage Bankers Association said its reform measures could be adopted without new laws.

A recent PwC study found that 74% of borrowers were concerned about AI making lending decisions.

The Mortgage Bankers Association launched a housing affordability action plan with 20 policies that can help reduce the cost of housing "with the stroke of a pen."