Investments

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

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.

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 year-over-year increase came as homebuying picked up and the company's mortgage lending business boomed.

The company's servicing segment recorded a pretax loss of $251 million over the period.

Even with the second quarter's market disruption, Redwood Trust still regained profitability.

Fintechs are facing unique challenges in the pandemic. There might be a resurgence in funding on the horizon, but startups are looking to see what they can do now to weather the storm.

While low interest rates drove up new insurance written, the increased defaults stymied overall performance.

The government-sponsored enterprise's earnings were up tenfold as it stabilized mortgage market liquidity amid the coronavirus.

The government-sponsored enterprise reported net earnings of $2.55 billion, up from $461 million in the first quarter.

The private equity megalith's mortgage trust made a second-quarter net income of over $17.5 million and $85.2 million in core earnings.

The New Jersey megamall owners' missed mortgage payments for another property compound investor concerns.

The investors seeking to take over CoreLogic plan to solicit support from fellow shareholders to replace nine directors, after the company refused to engage in talks over their $7 billion proposal to take it private.

CEO Douglas Gordon credited the relationship between Waterstone Financial and the mortgage subsidiary for the boost in net income.

The company's second-quarter net income was $116 million, with mortgage banking revenue of $239 million.

After receiving a third-party stamp of approval, Fannie Mae announced July 27 completing the latest two issuances of a single-family green mortgage backed security as part of an ongoing program that started in April and expands its long-time multi-family green MBS program.

Rocket Cos., the parent of the mortgage giant founded by billionaire Dan Gilbert, is seeking to raise as much as $3.3 billion in a U.S. initial public offering.