Onity is selling reverse-mortgage MSRs to Finance of America Reverse and ending production of the loans.

The parent company of CrossCountry Mortgage priced a $600.0 million debt offering that was upsized due to investor demand.

HEL securitization volume for the first nine months of the year hit $20.58 billion, up 70.8% from the first nine months of 2024.

“After 10 months of deceleration, October brought a small reacceleration in annual house price growth,” said Mark Fleming, chief economist at First American Data & Analytics.

UWM locked $4.8 billion of volume in one day in September, a record for the lender.

During recent times of stress on banks, Fed examiners have reportedly taken a less than positive view on potential usage of FHLBank advances.

Figures from the Census Bureau tracking sales of new homes haven’t been available since data for August due to the recent partial shutdown of the federal government.

A reduction in interest rates boosted refinance activity during the third quarter of the year.

“I would characterize trades these days as being more strategic than necessary,” said Nick Letica, chief investment officer at Two Harbors Investment.

Figure generated $89.8 million of net income in the third quarter, well beyond the $29.4 million in income the company had in the first half of the year.