B. Riley FBR raised its ratings for both Fannie Mae and Freddie Mac to sell from neutral on the possibility the net worth sweep is declared illegal.

The lending giant's filing reveals what the company's internal structure will look like going forward.

Booming refinancing is expected to more than offset the tighter underwriting in second-quarter mortgage results.

Reps called the offer "opportunistic" and said it did not address regulatory concerns regarding overlaps with Bill Foley's other businesses, Fidelity and Black Knight.

Andy Peach is leaving after less than a year in the top spot.

The company formally reported a nearly $65 million loss in the first quarter as the coronavirus affected its operations in March.

The outbreak has completely upended whatever expectations the industry had heading into 2020. Here's key areas that have been shaped by the pandemic, some potentially forever.

Unemployment is high. Credit is tight. And scientists are warning that a dangerous second wave of the coronavirus is coming. But somehow, U.S. mortgage companies are having one of their best years in history.

The REIT will add $500 million in capital through a senior secured loan, and it received a $1.65 billion term facility.

The company could be seeking a cash infusion to handle market difficulties ahead, but representatives are keeping mum on the matter.

The expected rise in refinance volume overrides pessimism about purchase activity for their businesses.

Lenders are cautioning not only that second-quarter provisions might exceed the spike seen earlier this year, but also that credit costs could be elevated into 2021 if the economic slowdown drags on or fears of a second coronavirus wave are borne out.

Independent mortgage banks started 2020 strong after three quarters of high profits, according to the Mortgage Bankers Association.

The company's planned two-week halt on originations turned into more than two months on hiatus because of coronavirus-related market disruptions.

Thomas O'Brien will take the helm at Sterling Bancorp, which is dealing with internal control issues and probes by the OCC and Justice Department into its mortgage operations.

The lenders also are receiving warrants to purchase New Residential stock.

The Mortgage Bankers Association's forecast anticipates tremendous coronavirus stimulus-related debt coming on to the market.

Rick Thornberry is looking to the lessons from the Great Recession and applying them to current conditions.

The title insurer did not disclose the number of layoffs.

After ending 2019 on a high note, Ocwen Financial posted an income loss in the first quarter due to the unexpected costs and volatility created by COVID-19.