ASID News Today — November 4, 2026

The mortgage industry is undergoing significant changes, driven by advances in technology and shifting market conditions. As lenders navigate this new landscape, they are being forced to rethink their approach to credit evaluation, with the traditional credit report no longer sufficient on its own. The integration of artificial intelligence is also transforming the mortgage operating model, enabling lenders to streamline processes and make more informed decisions. However, this increased efficiency has not necessarily translated to profitability, as evidenced by Finance of America's reported $110M loss in Q3 despite growing origination volume.

The challenges facing lenders are also having a ripple effect on other areas of the industry, such as mortgage servicing rights (MSRs) which are trading at their richest levels in decades. This is attracting a range of investors, from lenders to funds, who are seeking to capitalize on the current market conditions. Meanwhile, regulatory and legislative hurdles continue to pose obstacles for developers, as seen in San Francisco where a 155-year-old law is being cited by NIMBYs to block a new project. As the industry continues to evolve, it will be interesting to see how these competing forces shape the future of real estate and property markets.

Today's signal:
• Beyond the credit report: How lenders can navigate the next era of mortgage credit (housingwire.com)
• The deal closed. When do the savings start? (housingwire.com)
• The mortgage operating model after AI (housingwire.com)
• Finance of America grows origination volume but reports $110M loss in Q3 (housingwire.com)
• MSRs trade at richest levels in decades as lenders, funds pile in (housingwire.com)
• NIMBYs cite a 155-year-old law to thwart a San Francisco project (housingwire.com)