It’s an all-stock transaction with shareholders in Fathom receiving stock in BBB with an equity value of $53.4 million.

Applications declined by 3.8% on a weekly basis last week.

The agency said its current authorities to take action against fraud in the housing finance market are “indirect or limited.”

Rocket Companies is marketing a $706.0 million securitization of closed-end second liens.

Loans with balances above the baseline conforming loan limit accounted for 16.4% of total originations in the first quarter of 2026.

The planned $1.02 billion deal is the largest offering in the sector thus far this year and one of the largest since the establishment of non-qualified mortgages.

“The flatter yield curve is burning a hole in a lot of people’s pockets,” sai Alan Qureshi, president of Black Lake Investments.

The mismatch between higher home prices with higher interest rates and household income is narrowing, according to Stuart Miller, executive chairman, CEO and president of Lennar.

“Two-thirds of mortgage holders compared quotes from multiple lenders during their most recent mortgage-shopping process, but only 54% attempted to negotiate,” according to LendingTree.

Earnings were down compared with both the fourth quarter of 2025 and the first quarter of 2025. Some of the biggest banks don’t have particularly high hopes for their mortgage businesses this year. (Includes one data table.)