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Two Harbors says there are three bids on the table for its acquisition: United Wholesale Mortgage’s from December, as well as two unsolicited proposals, from CrossCountry Mortgage and an unnamed third party. UWM has until Thursday to renegotiate its offer. insidemortgagefinance.com/articles/23701…

Seneca Mortgage Servicing, which is set to be acquired by Freedom Mortgage, held the 32nd-largest servicing portfolio of agency mortgage-backed securities as of the end of 2025, with $40.82 billion in volume. insidemortgagefinance.com/articles/236996

As of the end of 2025, an estimated $4.25 trillion in servicing volume was handled by subservicers, up 7.3% from the end of 2024. Does it make business sense to let a specialist tend to your mortgage servicing rights? insidemortgagefinance.com/products/29141…

Fed Governor Michael Barr, who led an earlier effort to revise capital requirements that ultimately fizzled, opposed the proposals banking regulators released last week. “These significant reductions in capital requirements are unnecessary and unwise.” insidemortgagefinance.com/articles/236987

Velocity Financial generated income of $34.8 million in the fourth quarter of 2025, a 37.1% jump from the third quarter. Most of the gain was tied to “other income,” which primarily consists of servicing fee income. insidemortgagefinance.com/articles/236919

The repeat loss-mitigation options offered during COVID ate away at borrowers’ equity, says DLS Servicing CEO Donna Schmidt. As more borrowers now face foreclosure because of the new restrictions on repeat workouts, they’re also facing losses. insidemortgagefinance.com/articles/236910

On what the Iran conflict means for MBS and the mortgage market, @Wedbush analyst Henry Coffey said the dynamics are simple. “Rising Treasury rates impact MBS, which push mortgage rates higher. It’s not complex.” insidemortgagefinance.com/articles/236970

The Promoting Access to Mortgage Credit EO included potential updates to HMDA, such as raising the asset threshold for exemption for smaller banks, excluding inquiries from the scope of HMDA and ensuring that disclosures protect privacy and reduce burdens. insidemortgagefinance.com/articles/236965

Across its user base of 49 companies, DSCR lending volume increased 46% YOY in January, Lightning Docs says. The loans the firm tracks were historically about 60% RTLs, but that switched late last year and DSCR loans now make up 60% of all transactions. insidemortgagefinance.com/articles/236904

Freedom Mortgage withdrew $45.46 billion of loans from Ginnie Mae MBS in 2025, up 57.7% year-on-year. Some 88.2% of its removal volume was tied to loan payoffs. insidemortgagefinance.com/articles/236903

Some 33% of borrowers who refinanced during the fourth quarter of 2025 stuck with their previous lender, according to @ICE_Markets. For much of 2023 and 2024, the retention rate was around 25%. insidemortgagefinance.com/articles/236893

The residential MBS holdings of 17 publicly traded REITs were valued at $247.16 billion as of the end of last year, a gain of 6.9% from the third quarter, according to a new analysis by Inside MBS & ABS. That represented the fourth straight quarterly gain. insidemortgagefinance.com/articles/236882

Wells Fargo handled $234.81 billion in jumbo mortgages in the fourth quarter, down 0.5% from the quarter prior. insidemortgagefinance.com/articles/236926

Luminate Home Loans agreed to a consent order banning it from conducting mortgage operations in Washington state for five years. But it may have circumvented the ban by transitioning from a wholly owned subsidiary of Luminate Bank to a division of the bank insidemortgagefinance.com/articles/236901

The annual cost to service a nonperforming loan was $1,792 in the first half of 2025, vs. $187 for a performing loan, @MBAMortgage says. But the cost of servicing NPLs is still lower than pre-pandemic years, likely in part because of improvements in tech. insidemortgagefinance.com/articles/236927

Two Harbors Investment says it received an unsolicited bid from an unidentified company that could be superior to what United Wholesale Mortgage bid. If Two Harbors’ board decides the new bid is better, UWM will have 3 business days to negotiate its offer. insidemortgagefinance.com/articles/23698…

The sale price of Tiptree’s mortgage unit, Reliance First Capital, to Carrington Mortgage Services will be 93.5% of the tangible book value of the mortgage unit at closing. Now that MSR values have dropped, so have expected proceeds from the sale. insidemortgagefinance.com/articles/236889

The Financial Accounting Standards Board has agreed to propose new accounting rules that will allow banks to hedge the interest rate risks tied to their held-to-maturity debt portfolios. For many banks, these portfolios consist largely of agency MBS. insidemortgagefinance.com/articles/236916

At the federal level, shared equity products are subject to the Fair Credit Reporting Act, Federal Trade Commission Act, Fair Housing Act, and certain provisions of the Gramm-Leach-Bliley Act. But at the state level, regulators take different approaches. insidemortgagefinance.com/articles/236911

FHA assumptions are shaping up to be a popular option this fiscal year, with more than 2,400 already on the books as of the end of January, compared to more than 6,500 in all of fiscal 2025, according to a HUD official. insidemortgagefinance.com/articles/236929