Nonbank mortgage companies looking to survive a tough originations environment must double down on independence, form strategic alliances or cash out through mergers or acquisitions, according to Stratmor.

Securitize could become a public company through a merger with Cantor Equity Partners II, a blank-check company, in a combination valued at $1 billion.

Pennymac sold MSR with an unpaid principal balance of $12.0 billion; Freddie Mac sold delinquent non-performing residential first liens; CSBS and MISMO open registration for MCS Tech Sprint event; Canceled home-purchase agreements reached 15% in September.

While issuance is booming, some firms pulled back during the third quarter.

Archwest, which lends in 44 states, plans to exceed $2 billion in cumulative production by yearend...

Issuance in the first nine months of the year was up nearly 90% compared with the first nine months of 2024. (Includes three data tables.)

Fitch Ratings revised its rating outlook for Select Portfolio Servicing from negative to stable, citing a new owner for the nonprime servicer and other factors.

A growing number of investors are asking loan sellers to complete pre-close eligibility for non-agency mortgages, according to the third-party review firm.

Angel Oak Mortgage Solutions launched new adjustable-rate mortgage products last week.

The $274.5 million issuance of residential transition loans was oversubscribed nearly five times.