On an annual basis, home prices increased by 2.4% in August.

The order included four directives, stopping well short of requests from mortgage industry participants.

Rithm’s residential mortgage unit turned a $604.8 million profit before taxes during the third quarter, more than five times the income the unit generated the prior quarter.

The planned sale amounts to nearly 30% of UWM's servicing portfolio as measured at the end of September.

PrimeLending took a $10.8 million pre-tax loss in the third quarter of 2026 after a $2.0 million pre-tax loss in the second quarter.

Issuers are having difficulties sourcing assets and are facing widening spreads. Investors are still largely supporting issuance, with many eyeing esoteric assets.

As interest rates increase, the value of outstanding expanded-credit MBS declines. Investors are responding by demanding higher spreads for new issuance, putting pressure on issuers.

SEC guidance exempting certain data center securitizations from risk-retention requirements has prompted concerns from investors regarding the data center market and the possibility that other issuers will seek exemptions from risk-retention requirements.

"We could no longer see a path forward for the profitability on the base level overhead that it takes to run an efficient distributed retail operation," said Chuck Williams, chairman and CEO of Northpointe Bank.

There’s the LLPA reduction for VS4, lower prices compared with FICO and a more expansive population of scored consumers.