Fixed income

Black Knight and PennyMac Financial Services are suing each other in separate disputes linked respectively to the latter's creation of a servicing platform and the former's dominant position in the market.

Ocwen Financial's cost-cutting initiatives are bearing fruit toward returning to profitability, management said, although the company's third-quarter loss was slightly higher than the same period one year ago.

More private mortgage insurers reported significant year-over-year gains in new business during the third quarter, mainly driven by the increase in refinance volume.

Record originations helped Mr. Cooper Group generate its first full-quarter profit since its formation through a merger between WMIH and Nationstar last year.

The acquisition of the Ditech forward mortgage business will double New Residential's year-to-date origination volume in the fourth quarter alone, and further double that next year.

The latest round of earnings reports from home lending businesses and vendors continue the positive vibe for the sector as most reported year-over-year improvement in profitability.

The unexpected rise in refinancings during the third quarter affected mortgage industry business results in a mostly positive fashion for the period.

Redwood Trust is adding to its single-family rental lending business by purchasing CoreVest American Finance Lender from its management team and affiliates of Fortress Investment Group.

Bank of America's total first-mortgage originations rose while its home equity production decreased in the third quarter.

Origination volumes continued to drift upward at JPMorgan Chase and Wells Fargo in the third quarter as mortgage servicing rights values fell more sharply than some analysts expected.