Origination

The company lost $8.9 million in the second quarter, but its origination and servicing businesses were profitable.

With coronavirus moratoriums still in place, foreclosures fell to the lowest level since at least 2000, while serious delinquencies ballooned by 1.2 million in June, according to Black Knight.

Home sale prices are up while sales numbers are way down in metro Detroit's real estate market, which has yet to experience any collapse in values from the coronavirus-caused recession.

Delinquencies have been ticking up since the start of the coronavirus pandemic and Capital One is warning of more pain unless the government provides additional relief to tenants and landlords.

The new normal created by the events so far in 2020 could make this the best year ever for lenders.

Sales of previously owned homes rose in June for the first time in four months as the economy reopened more broadly from coronavirus-related shutdowns and buyers took advantage of record-low mortgage rates.

Mortgage applications increased 4.1% from one week earlier as consumers continued to pursue both purchases and refinancings even as conforming rates rose from their record lows, according to the Mortgage Bankers Association.

COVID-19 continues to upend the Massachusetts residential real estate market as sales of both single-family homes and condos have crashed roughly 23% and 30%, respectively, this June compared with last.

Planet Home Lending took advantage of coronavirus volatility and low mortgage rates to increase its funding volume.

The domestic mortgage insurer could have a portion of its equity sold as an initial public offering if the China Oceanwide transaction were to be terminated.