The $562.5 million offering is linked to a pool of loans with a total unpaid principal balance of $5.0 billion.

The two biggest issues the MBA has with the bill in the Senate involve loan limits for FHA multifamily mortgages and provisions in an effort to limit institutional ownership of single-family properties.

Western Alliance completed the most repurchases among banks in 2025 with $109.1 million in volume, a 48.0% jump on an annual basis.

There are indications that some Two Harbors shareholders will oppose the planned acquisition by United Wholesale Mortgage because it’s an all-stock deal and UWM’s stock is trading near the lowest level it’s been at since UWM became a publicly traded company in early 2021.

Non-agency jumbo mortgages accounted for 15.4% of total single-family originations in 2025, compared with a 12.7% share in 2024. Meanwhile, agency high-balance activity declined somewhat. (Includes three data tables.)

The Senate is set to vote on legislation aimed at addressing housing affordability. MBA had supported earlier versions of the bill in the House and Senate.

The sale proceeds Tiptree is expecting from its pending sale of Reliance First Capital are tied to the book value of the mortgage unit.

Interest rates on mortgages held steady last week, according to Freddie Mac or they rose, according to the MBA; odds of Two Harbors investors approving acquisition by United Wholesale Mortgage decline.

“We have built a profitable, scalable platform, and now we have the tools to fundamentally rewire how our customers operate,” said Nima Ghamsari, head of Blend.

United Wholesale Mortgage's agency MBS issuance declined by 6.5% on a monthly basis in February while Rocket Mortgage's volume was down 16.5%.