Business purpose loan lender CV3 Financial Services said it’s on track to originate $2 billion in loans this year, a new high for the company that has been in business for three years.
Industry consolidation is driving originators to be more prepared and mobile in the event of a shakeup, Ellen Duncan, CEO of tech startup mLOOP, says. That’s one of the niches the mLOOP platform seeks to fill.
Pennymac was the only top 10 GSE seller to experience a year-to-date decline in Fannie/Freddie volume last month, with volume dropping 18.2% compared to the January-through-July period in 2025.
“If Treasury rates go up, absent a miracle of spread contraction, mortgage rates are going to go up, and housing affordability is going to be further cramped,” says @Wedbush analyst Henry Coffey.