Secondary

As measured by earnings available for distribution at the REIT, Two posted a profit of $0.26 per share but this was well below the consensus estimate of $0.37.

Mortgage rate trends in late 2025 led the lender into the red in the fourth quarter, even as Newrez originations picked up from the prior quarter and year.

The National Consumer Law Center is claiming the Credit Data Industry Association wants to suppress Consumer Financial Protection Bureau complaint filings.

Although investor properties, which are prone to higher chances of default, account for 58% of the pool, the strong borrower and collateral quality mitigate the credit stress.

Primelending produced a pretax loss of $5.2 million in the fourth quarter, significantly lower than the loss of $15.9 million in the same period a year earlier.

Fourth quarter pretax income of $900,000 and net income of $656,000 for the segment compared with year ago losses of $625,000 and $197,000 respectively.

DRMT 2026-INV1, is backed by a pool of 1,153 non-prime investment property mortgages, which have a moderate leverage levels of an original, combined loan-to-value (CLTV) ratio of 69.9%.

Competition that impacted margins and prepayments in excess of expectations were challenges during the period, but executives report first quarter improvement.

Analysts estimate Pennymac, Rocket, UWM and Loandepot will post an improved earnings per share and total loan origination volume than the same time a year prior.

Overall, three-quarters of those in a National Mortgage News survey believe loan production will increase during 2026, but just 15% felt strongly about it.