Investments

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.

Other moves it is undertaking include business divestitures and increased dividends while defending against a takeover attempt.

The mortgage REIT's external manager responded by filing a new lawsuit against it, calling the move "baseless and retaliatory."

The company lost $8.9 million in the second quarter, but its origination and servicing businesses were profitable.

Fannie Mae could be worthless to public shareholders, according to its newest analyst.

The domestic mortgage insurer could have a portion of its equity sold as an initial public offering if the China Oceanwide transaction were to be terminated.

The technology company reiterated its call for the hostile bidders to raise their $65 per share offer.

Ocwen Financial's preliminary second-quarter results put it back in the black, and it is positioning its growing distressed-servicing expertise and pandemic-induced exposures as a net positive.

Rocket Cos. profits were over 35 times greater than what it disclosed for the first quarter.

The Detroit lender disclosed that the consumer bureau had sent a civil investigative demand to Rocket Homes Real Estate for potential violations of the Real Estate Settlement Procedures Act.

The banks logged strong year-over-year growth in gain-on-sale margins for mortgage loans.