In a recent survey, real estate agents told HomeLight that changes to their commission structure has caused confusion for their clients and added new hurdles to the homebuying process.
The data tape is designed to replace the data tape established by the American Securitization Forum in 2009, providing more standardization to the prime non-agency MBS market.
Officials at Rithm Capital believe that regulatory uncertainty will lead banks to sell more assets through asset-based finance structures, turning to asset managers like Rithm.