Investments

A more sustainable approach to home flipping is a responsible one that benefits not just real estate investors, but also the neighborhood, local economy and even the eventual resident.

The monthly volume of new mortgage securities insured by Ginnie Mae remained higher than it has been in more than two years in July, rising slightly on a consecutive-month basis.

Foreign buyers have cooled on the U.S. residential home market, dropping investments by more than one-third over the previous year and spending less in expensive California.

Genworth Financial's efforts to advance its sale to China Oceanwide hit a roadblock as bondholders did not respond to a consent solicitation for easing a possible Canadian mortgage insurance unit sale.

Lower interest rates and improved gain-on-sale margins helped Impac Mortgage Holdings record its first profitable three-month period since the first quarter of 2018.

Robert Shapiro, the former chief executive officer of Woodbridge Group of Companies, pleaded guilty to running a $1.3 billion fraud that caused more than 7,000 investors to lose money, according to prosecutors.

Zillow Group shares were poised to fall to a six-week low after its results and updated forecasts suggested its entire "portfolio is faltering" at a critical time for the company looking to pivot its business, analysts said.

Black Knight's second-quarter earnings dropped 20% from the previous year as it took a hit from its indirect investment in Dun & Bradstreet, offsetting a 7% increase in revenue.

Steeper rate declines contributed to a deeper quarterly net loss at Ocwen Financial, forcing it to extend its timeline for returning to profitability.

Proximity to grocery stores can greatly improve home values for both real estate buyers and investors, though some stores have greater effects than others, according to Attom Data Solutions.

Essent Group continued to benefit from the volatility in private mortgage insurers' market share, remaining in second place among the six active underwriters at the end of the recent quarter.

Mr. Cooper Group reported a second-quarter net loss of $87 million as the company took a $231 million fair value hit to its mortgage servicing rights portfolio.

Taylor Morrison Home Corp. recorded earnings that outpaced analysts' estimates and announced a partnership in the growing rental market.

The oft-delayed sale of Genworth Financial might need new approvals from U.S. insurance regulators if and when it disposes of its Canadian mortgage insurance stake.

Freddie Mac continues to churn out steady financial returns, with the growth in first-time home buyers and credit risk transfers providing the GSE stable footing when a recession comes, according to new CEO David Brickman.

New Residential Investment Corp. took a $32 million net loss in the second quarter as it diversified its business lines and repositioned to protect its mortgage servicing rights from falling rates.

Sachem Capital Corp., a hard-money mortgage lender that makes short-term loans to investors, has raised $10 million in gross proceeds from a public offering of 2 million common shares.

Timothy Mattke replaced Patrick Sinks as CEO of MGIC Investment Corp., just two days after the company announced earnings that beat expectations.

Title insurers benefited from the increase in origination volume — especially refinancings — during the second quarter, as open order counts increased compared with one year prior.

Altisource Portfolio Solutions cut its previous-quarter net loss by 49% in its most recent fiscal period, when property maintenance revenue and new Hubzu real estate auction site inventory increased.