Secondary

Even though revenues beat analysts' estimates, Zillow lost $84 million in the second quarter, with its mortgage business losing $240,000.

The company reported nearly $23 million in losses for the second quarter, but that was an improvement on a quarter-to-quarter basis.

Thoma Bravo bought Ellie Mae last February and is selling it for a $7 billion gain.

After an initial fizzle, the stock at one point was trading above the original expected price range.

Insurance claims and claims expenses were 503% above 1Q and 1,075% over 2Q19.

With year-to-date issuance at $51.7 billion, investor demand appears to remain strong despite economic headwinds of the pandemic.

The delinquent loan inventory more than doubled compared with the prior year.

The common stock for the new parent of Quicken Loans is expected to start trading on the New York Stock Exchange on Thursday.

PREIT, which owns a number of large malls, is trimming the salaries of its CEO and chief financial officer while suspending dividend payments as part of a deal with its lenders to stave off default as the coronavirus pandemic continues to take its toll on the troubled company.

The mortgage servicing rights package going up for bid adds to signs that the market for large offerings is becoming more active.