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.

Three of the four had fewer new notices of delinquency for the quarter, but that should change going forward.

Bisignano, who engineered a technology-driven recovery at First Data before it was acquired by Fiserv last year, will take Fiserv's top job as the company forges its coronavirus strategy.

But it is still looking to conserve capital to cover future delinquencies and will likely halt dividends to the parent company.

But Black Knight and Arch Capital's mortgage insurance business aren't as affected, at least so far.

Jay Bray speaks about the company's experience in working with distressed borrowers going back to the Great Recession.

Fannie Mae's profitability suffered but it managed to stabilize the mortgage market in the first quarter even with the coronavirus disrupting, among other things, certain credit-risk transfer vehicles it has used.

Net income grew by nearly 1,990% year-over-year as its core mortgage services businesses gained scale.

While Freddie Mac stabilized liquidity in mortgage markets, coronavirus-related credit losses drove the GSE's income down in the first quarter of 2020.

The first-quarter loss ended a two-quarter profitability streak the company hoped to maintain.

The broker/wholesale business was by far the smallest origination segment for the company.