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Hometap, a fintech company providing an alternative to traditional home equity lending, secured $100 million in new financing as it looks to expand its geographic reach.December 11
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PIMCO Mortgage Income Trust tabled plans to launch an initial public offering this week following a steep stock market decline Monday.May 15
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Point, which provides an alternative to traditional home equity lending products, has raised $122 million in new capital from eight investors to expand its reach.March 20
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The future secondary mortgage market entities will receive high investment grade ratings, even as there is no clarity on their scope or form, Fitch Ratings said.April 10
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Redwood Trust is raising $225 million in a debt offering with the proceeds to be used to repay borrowings that come due next year.August 14
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Genworth Financial's U.S. private mortgage insurance business had an almost 50% increase in adjusted operating income, benefiting from lower-than-expected claim rates.August 2
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Ellie Mae had second-quarter net income of $18.8 million, a 77% increase over the $10.6 million in the same period last year largely due to a tax accounting change.July 27
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Arch Capital Group's mortgage insurance business had second-quarter underwriting income of $184 million, up 343% from the $41.4 million for the same period last year.July 27
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CoreLogic's second-quarter net income increased 2% over the previous year on higher operating income from improvements in productivity.July 26
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Ocwen Financial finalized the deal to sell its interests in $110 billion of nonagency mortgage servicing rights to New Residential Investment Corp. for total consideration of $400 million.July 24
