Walker & Dunlop, Rocket Companies, Coastal Financial, Franklin BSP Realty Trust, and PennyMac Financial Services Shares Plummet, What You Need To Know

What Happened? A number of stocks fell in the afternoon session after 30-year mortgage rates pushed back above 7% following the Federal Reserve's September rate hike, while investors also fretted that AI agents could erode cheap deposit funding. According to Freddie Mac, the average 30-year fixed m…