The nonbank is poised to begin servicing new originations in the first quarter of 2026. And outstanding volume will shift from subservicers during the year.

“I’ve just guided that no matter what, I’m going to have the best quarter we’ve had in 4 years,” said Mat Ishbia, chairman, CEO and president of United Wholesale Mortgage. “Maybe you guys will recognize that and realize that we’re dominating out here.”

The Fed’s shift to rate cuts is helping to increase demand for agency MBS. And other activity at the federal level has prompted a reduction in volatility, providing stability for investors.

The company negotiates debt settlements on behalf of struggling consumers, charging fees for the service. The $153.2 million ABS is linked to fees that have yet to be collected by Americor.

Trends split during the third quarter in terms of GSE business involving private mortgage insurance. Purchase-mortgage volume increased and refis declined. (Includes three data tables.)

Leaders at Equifax and TransUnion are optimistic that the GSEs’ adoption of VantageScore will lead to revenue moving from FICO to credit bureaus. The officials also defended the tri-merge score process at the GSEs.

Demand for MSRs among investors remains steady even as declining interest rates lead to lower valuations for the assets. The supply of MSR for sale could also increase as lenders originate more mortgages.

The lender’s margin went from 1.13% in the second quarter to 1.30% in the third quarter.

The subservicing for Rithm accounts for 10% of total servicing volume at Onity's PHH unit.

FICO said the increase in business-to-business revenue was primarily attributable to a higher mortgage origination scores unit price.