Home purchases are expected to increase next year as demand continues to be strong and rates fall slightly.

Bottom line: The court-approved change is causing confusion for both buyers and sellers.

The Structured Finance Association is aiming to replace the data tape established by the American Securitization Forum in 2009.

Additional inventory is expected to hit the market next year but homebuyers are expected to continue to face affordability issues.

In a recent survey, real estate agents told HomeLight that changes to their commission structure has caused confusion for their clients and added new hurdles to the homebuying process.

The data tape is designed to replace the data tape established by the American Securitization Forum in 2009, providing more standardization to the prime non-agency MBS market.

Officials at Rithm Capital believe that regulatory uncertainty will lead banks to sell more assets through asset-based finance structures, turning to asset managers like Rithm.

Holdings increased by 1.5% on an annual basis as of the end of September.

The push toward automating processes and streamlining business practices helped spur fast closings during the recent refinance boom.

Onslow Bay plans to increase its correspondent business by offering a non-delegated option next year.