The change was prompted by delinquencies, though Fitch analysts said the asset class is still performing above base case expectations.

The transaction includes servicing on 800,000 loans representing about $197 billion in unpaid principal balance.

Fitch placed a “deteriorating” outlook on the securitized second-lien market due to rising delinquencies. However, the rating service said that the sector is still performing within its base case expectations.

The Two Harbors board has recommended that shareholders vote against UWM’s recently revised proposal to acquire the company.

Downpayment assistance programs are no longer just for first-time homebuyers with limited income.

Two Harbors board cited concerns about UWM's balance sheet and committed financing in a statement released this week.

Chase has begun offering a rate discount for May to help drive business during the spring homebuying season.

AD Mortgage study finds AI use in mortgage is rising; Progressive Insurance has expanded itis down payment assistance program; nearly one in five homes went pending within seven days in February; Blend launches Autopilot MCP.

Origna8 is providing brokers a platform that can be used for lead generation, agentic-AI marketing, lender relationship management and data analytics.

The new deal increases the cash election from UWM’s previous offer from $11.30 to $12.00 per share, a $0.70 premium per stock compared to the deal the Two Harbors board accepted from CrossCountry Mortgage last month.