Abby Zimmardi

Home prices declined slightly on a monthly basis in April. But home price appreciation is expected to pick up on an annual basis.

Home sales in June jumped 9.2% from May even as housing inventory growth stalled.

“More rating agencies means more perspectives, and more perspectives means sharper insight for investors,"John Beacham, CEO of Toorak Capital Partners, said. “That’s good for issuers, good for investors, and good for the long-term health of the market.”

Annaly Capital Management’s Onslow Bay, the top-ranked issuer of expanded-credit mortgage-backed securities in the second quarter, issued $3.82 billion of expanded-credit MBS, down 8.3% from the first quarter.

Union Home Mortgage acquired the origination assets of non-qualified mortgage lender AmeriTrust Mortgage Corporation.

"We’re comfortable with risk from many of the sellers out there that are already making those loans and selling them elsewhere," said Jason Harris, co-founder and CEO of Button Finance.

In the second quarter of 2026, Adamas Trust acquired $632 million of business-purpose loans, record volume for the real estate investment trust.

Pennymac originated $4.16 billion in volume to prime non-agency MBS issued in the second quarter, according to a new ranking and analysis by

HomeXpress Mortgage’s origination volume reached $1.1 billion in the second quarter of 2026, up 23.8% from the quarter prior.

The non-QM space has seen rapid growth, with more lenders entering the market and a growing cohort of self-employed borrowers.