Economy

New Residential Investment Corp. posted net income of $54 million in the fourth quarter, as the company gears up to close its acquisition of Home Loan Servicing Solutions.

Stewart Information Services Corp. is being targeted by activist Phil Goldstein, who is urging a sale of the property-title insurer and seeking control of its board.

More Americans signed contracts to purchase previously owned homes in January, rounding out a week of housing data that depicted an uneven recovery.

Although lenders received some good news via Freddie Mac's February U.S. Economy and Housing Market Outlook, raising the enterprise's 2015 originations forecast from $1.2 trillion to $1.3 trillion, the Aug. 1 TILA-RESPA Integrated Disclosure rule implementation deadline still looms large.

With economic growth expected to continue improving, 2015 should looks promising for the housing market, according to Fannie Mae.

The Federal Housing Administration's recent premium reduction is undercutting the private sector and expanding the government's role in the housing market, housing finance industry representatives told a House subcommittee on Thursday.

Nationstar Mortgage Holdings managed to improve its annual results despite a sharp decrease in income during the fourth quarter.

Walter Investment Management Corp. revealed in both its fourth-quarter earnings release and a separate annual report filing with the SEC a potential settlement regarding a FTC and CFPB investigation into its Green Tree subsidiary’s servicing practices.

Working as a team with all stakeholders is the only way to successfully maintain a foreclosed property and see it through conveyance to the Department of Housing and Urban Development.

Some nonbanks feel capital requirements discourage diversification among market participants and their participation in the market because they put more constraints on their financial options and bar smaller players.

Mortgage interest rates increased for the third consecutive weak as strong housing data supported the market, according to Freddie Mac.

Ellie Mae's AllRegs unit has released a new version of its business information tool to help lenders and investors manage risk and identify market opportunities.

CIT's John Thain and OneWest's James Otting, scheduled to speak today at a public hearing on their $3.4 billion M&A deal, will face complaints from community activists that they owe the public more after receiving substantial government help during the financial crisis.

CoreLogic saw fourth-quarter revenue increase thanks to growth in its data and analytics business, driving the company into the black.

Low mortgage rates and moderating home price growth made December the fourth consecutive month to feature improved market stability, according to a report by Freddie Mac.

Genesis Capital, which lends to investors in distressed single-family properties, will soon have a fresh source of leads for new business.

LendingTree markedly increased its net income in the fourth quarter, based on strong results for both its mortgage and non-mortgage products.

Walter Investment Management Corp. has emerged as the favorite of investors following a year of investigations of the top three nonbank mortgage servicers.

New homes sold at a faster pace than forecast in January, a sign of stabilization in the housing industry.

Mortgage application volume declined for the third consecutive week as interest rates continue to rise.