The spike in income compared with the third quarter was largely due to changes in the value of mortgage servicing rights.

Angel Oak Mortgage REIT generated $11.3 million of net income in the fourth quarter of 2025.

“Low interest rates will solve the Biden-created housing problem while at the same time protecting the values of those people who already own a house,” President Trump said.

Framework Ventures operates a decentralized finance ecosystem known as Sky, which links stablecoins with various types of assets.

Home prices increased by 0.1% on a monthly basis in December, according to the Federal Housing Finance Agency.

The fourth-quarter total was skewed by Capital One, which reported $484.8 million in mortgage-banking income in the quarter.

Using a single score or bi-merge increases the uncertainty in assessing borrower risk, with direct implications for loan pricing and underwriting decisions, according to a study by Andrew Davidson & Co.

Redwood Trust is set to issue its first expanded-credit MBS from its Aspire shelf.

When excluding a one-time jump in Capital One’s earnings, mortgage-banking earnings at banks and thrifts declined by 2.9% during the fourth quarter of 2025. Still, earnings for the full year improved compared with 2024. (Includes data table.)

UWM first made an unsolicited bid for Two Harbors in December 2024. Three other companies subsequently made formal bids for Two Harbors, with UWM prevailing in December 2025.