Cost-cutting measures helped reduce operating expenses by 24.9% from the first to the second quarter of this year.

Beeline noted that it is actively repositioning its product mix to focus on non-QM production.

“It is time for Better to move forward with new leadership," Better's board said.

The guidance clarifies that data center securitizations aren’t considered ABS as defined in the Securities Exchange Act.

TPG Mortgage Investment Trust is set to acquire Cherry Hill Mortgage Investment in a $117.5 million deal.

More homebuyers are being forced to bring more cash, renegotiate the sale price or restructure their mortgage.

The companies expect the deal to close in the fourth quarter.

CrossCountry Mortgage's latest deal is comprised of closed-end seconds from Button Finance and CCM.

Profits declined by 22.8% from the first to the second quarter.

In the second quarter of 2026, Intercontinental Exchange generated its best earnings from its mortgage technology segment since 2022. ICE is optimistic that its AI tools will drive future revenue.