Buyback & burn of $BAUM from creator fees for tokens launched on Baum have started. 106,124 $BAUM were bought & burnt in the first transaction, bringing the total amount of $BAUM burnt to 108,124. Here is the transaction: robin.etherscan.io/tx/0x1da0… .

The biggest stablecoins, week of Oct 27: USDT $181.8B (60%, -0.6% w/w) USDC $71.2B (23%, -1.4% w/w) USDS $6.8B (2%, +0.7% w/w) Top 3 hold 86% of $303.3B across 259 stablecoins.

Where tokenized RWAs live, week of Oct 27: Ethereum $1.9B (50%, +2.7% w/w) Solana $595M (15%, +2.0% w/w) Arbitrum $266M (7%, +0.9% w/w) Top 3 hold 72% of $3.9B across 17 chains.

Trump signed an EO in Jan 2026 restricting federal support for institutional single-family purchases. Congress followed with the 21st Century ROAD to Housing Act, which bars investors holding 350+ homes from buying more, starting Jan 7, 2027. Existing portfolios aren't affected.

Yes — same fight. Six MLS networks sued Compass this week to protect cooperation rules, and Compass countersued CRMLS. Open Real Estate is the brokerage side's answer to that standoff.

Correct — Mark Baum in the film is based on Steve Eisman. We just took the character name.

Per RISMedia, the move is widely read as a counter to Compass's push against cooperation rules and the broader drift toward private, exclusive listings. Brown Harris Stevens, Lamacchia, Sampson Properties and Windermere signed on as participating members.

Four of the largest brokerage groups just teamed up. AGNT (eXp/NextHome), HomeServices of America, Keller Williams and Real REMAX Group launched "Open Real Estate," a shared platform to syndicate listings to MLSs and portals with one click.

Onchain, week of Oct 26: Stablecoin supply $302.4B (-0.7% w/w). Tokenized RWA TVL $3.9B (-0.1% w/w), led by Ethena USDtb ($477M), Re ($466M), Huma ($375M). Offchain: 30yr FRM 7.32%, 10yr Treasury 4.96%.

Separately, MBA reported mortgage applications fell 5.3% for the week ending Oct 16 even as the 30yr rate eased to 7.41%, per MBA data — purchase apps still ran 18% below a year ago.

All three components declined. Buyer traffic dropped to 18, the weakest outside the April 2020 pandemic shock since 2012. NAHB cited mortgage rates, materials costs and labor conditions.

NAHB/Wells Fargo Housing Market Index fell 3 points to 29 in October, the lowest reading since June 2012. Consensus had looked for 31.

Weekly rates, Oct 22: The 30-year FRM declined to 7.32% from 7.40% last week. That is 113 bps above the same week in 2025 (6.19%). The 15-year FRM declined to 6.68% from 6.71% last week. That is 124 bps above the same week in 2025 (5.44%).

Preliminary Q3: net income $205M-$220M on $33.4B in originations ($22.8B purchase, $10.6B refi) at a 124 bp gain margin. UWM's MSR book stood near $270B UPB at quarter end, per filings cited by National Mortgage News and HousingWire.

UWM Holdings says it will sell $70B-$80B of mortgage servicing rights in Q4, expecting proceeds above $1.8B, per preliminary Q3 results released Friday. Proceeds plus ~$400M from a pending rights offering go toward paying down non-funding debt.

Per the EO: FHFA pilot to cancel mortgage insurance once a borrower hits a set equity threshold at current value, a permanent title-insurance waiver for refis, and a new task force on housing costs. That's what's been reported so far.

$BOUNCE graduated. Its Pons bonding curve filled and the liquidity moved into a locked Uniswap v4 pool. Launched through Baum.

Latest to pull back: AVI-SPL shelved a $690M leveraged loan and Mesirow postponed a $175M bond tied to a Midtown Manhattan office mortgage, as rising yields keep squeezing mortgage and CRE bond issuance.