Angel Oak Mortgage REIT generated $767,000 of income during the second quarter of 2025.

Figure Technology Solutions recently launched Democratized Prime, a marketplace to fund home equity lines of credit with capital from institutions and individuals.

A survey of more than 200 mortgage lenders found that automation is the most important issue for the companies in 2025.

Fitch Ratings proposed changes to its rating criteria for non-agency MBS. If implemented, 10% of outstanding residential MBS ratings by Fitch will be upgraded.

The Indiana-based bank reported a sharp drop in net income in the second quarter tied to multifamily mortgages involved in suspected fraud.

Expanded-credit MBS issuance with loans to self-employed borrowers increased by 45.3% during the second quarter.

Redwood took a net loss of $98.5 million in the second quarter of the year, largely tied to a shift away from its legacy portfolio.

“We’ve been very proactive in seeing the housing market decelerate and trying to be on our front foot,” said Mike Fania, co-chief investment officer and head of residential credit at Annaly.

The bank's president said, "Our pipelines remain full, so we expect to continue to see loan growth."

Expanded-credit MBS issuance rose by 25.4% from the first quarter to the second quarter, with mortgages for self-employed borrowers, interest-only loans and refinances driving the increase. (Includes three data tables.)