PHH Corp.'s first-quarter net loss more than doubled as the troubled mortgage company dumps its origination unit and servicing rights and rebuilds as a subservicer.

Essent Group Ltd., the Hamilton, Bermuda-based parent of Essent Guaranty, reported first-quarter net income of $66.6 million.

Fannie Mae said it expects to make a $2.8 billion dividend payment to the U.S. Treasury in June after reporting a first-quarter profit driven by a relatively stable mortgage market and a continued decline in delinquencies.

As Nationstar Mortgage Holdings finalizes plans to change its name to Mr. Cooper, the nonbank lender and servicer is exploring options to part ways with Xome, the settlement services and real estate business it rebranded less than two years ago.

In an attempt to show it went all out to help struggling homeowners, the embattled mortgage servicer Ocwen Financial provided an unusual level of detail about foreclosures it says regulators have deemed "inappropriate."

Freddie Mac's serious delinquency rate dropped below 1% for the first time since 2008, lending credence to its efforts to expand credit access.

In an echo of the rescue deals of 2007 and 2008, New Residential's CEO framed the transaction as something undertaken to benefit the entire industry.

The Louisiana company also said that credit quality in its energy portfolio improved during the first quarter.

CoreLogic's first-quarter net income was down 54% from the prior year as lower mortgage origination volume reduced the need for some of its services.

Radian Group earned $76.5 million for the first quarter, up 16% from $66.2 million one year prior, helped by a 25% year-over-year rise in new insurance written.

Arch Capital Group's 62% first-quarter earnings improvement was driven by its acquisition of United Guaranty Corp.

Growth in commercial real estate loans is a big reason the New Jersey bank had a strong quarter.

Growth outside of its residential mortgage business contributed to Flagstar Bank beating first-quarter earnings estimates, company executives said.

The West Virginia company sold the mortgages to Residential Funding and ResCap Liquidating Trust between 2003 and 2007.

Strong gains in low-cost health savings account balances helped fuel loan growth at the Waterbury, Conn., company.

The Atlanta company's profits rose on stronger net interest income and investment banking income as well as a tax maneuver.

The Wisconsin regional's profits rose 35% in the first quarter on healthy loan growth, wider margins and an improved efficiency ratio, and it said its "satisfactory" CRA rating had been restored.

Executives at BB&T, KeyCorp and Citizens are milking commercial lending niches and balancing cost control with new investments while waiting for more rate hikes to fatten margins.

Stewart Information Services Corp. posted net income in the first quarter of $4.1 million, a turnaround from the $11.2 million loss one year ago.

MGIC Investment Corp. had net income of $89.8 million for the first quarter, an increase of nearly 30% over the same period last year of $69.2 million.