Investments

If mortgage rates fall below 4%, it could more than double the dollar volume of agency mortgages exposed to refinancing incentive, analysts at Keefe, Bruyette & Woods found.

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.

Two Harbors Investment Corp., which grew its servicing portfolio by 22% in the fourth quarter, priced a common stock offering to raise funds to buy more rights as well as mortgage-backed securities.

Impac Mortgage Holdings saw its shift to predominantly originate non-qualified mortgage loans reduce its fourth-quarter GAAP net loss along with increasing its gain-on-sale margins.

A subsidiary of digital-media company Beta Music Group is linking its origination support technology with Arive's online platform, which connects mortgage brokers to lenders, borrowers and third-party vendors.

Falling interest rates contributed to efforts that helped Hovnanian Enterprises nearly halve its net loss during its fiscal first quarter, when it maintained a strong sales pace by selling more low-priced homes.

New York regulators rejected Fidelity National Financial's acquisition of Stewart Information Services because the combination would have a dominant share of title insurance in the state.

Arch Capital’s next offering of credit risk transfer notes features heavy exposure to residential mortgages that have been modified by Fannie Mae or Freddie Mac.

Ocwen Financial reduced the size of its net loss by nearly half during 2018 thanks to cost-cutting measures, and economies of scale from its acquisition of PHH Corp.

CoreLogic's fourth-quarter earnings declined from the previous year because of the slower mortgage origination market and an $8 million impairment charge due to its restructuring plans.