Knock has issued a $100 million bond backed exclusively by bridge loan products.

The national delinquency rate improved for the second month in a row.

The partnership adds to the growing number of issuers who are working with third parties to offset capital requirements for risk retention.

ABS sectors including commercial equipment, shipping containers and trucking could experience the biggest negative impacts from rising tariffs, according to S&P.

Fannie Mae economists slightly increased their mortgage rate projections for the remainder of the year despite widespread expectations that the Federal Reserve will cut the federal funds rate in September.

Jay Promisco, president at Sierra Pacific Mortgage, said agentic AI can be used to manage the entire loan process.

CrossCountry Mortgage allegedly paid a North Carolina real estate brokerage $15,000 a month to have all of its clients referred to the lender.

Agentic AI is both proactive and autonomous, allowing for multi-step actions to be completed without human interactions.

Some mortgage companies that are adopting artificial intelligence haven’t done enough in terms of governance, according to industry executives.

Issuers are looking to create spec pools of FHA loans to help reduce default risk.