Investments

Ditech Holding Corp. returned to profitability in the first quarter, benefiting from accounting adjustments related to its emergence from bankruptcy protection in February.

Ocwen Financial Corp.'s Chief Financial Officer Michael Bourque has resigned, becoming the second top executive to leave the company after it agreed to acquire PHH Corp.

Ditech Holding Corp. has received a second notice from the New York Stock Exchange warning its common stock could be delisted for not being in compliance with the exchange's requirements.

Institutional investors bought more single-family rental homes in 2017 than in previous years, the first increase since 2013.

The 10-year U.S. Treasury yield rose to its highest level since 2011, extending a selloff in the world’s biggest bond market and raising fresh questions about how high America's borrowing costs will climb.

PHH Corp. took a net loss in the first quarter but was able to surpass minimums for net worth and available cash necessary for Ocwen Financial to acquire the company.

Capital One Financial Corp. plans to repurchase shares following the sale of $17 billion in mortgages to a Credit Suisse subsidiary.

Blackstone Group is doubling down on industrial real estate by buying Gramercy Property Trust, the second multibillion-dollar takeover of a warehouse company in as many weeks with the growth in e-commerce raising demand.

An increase in title orders opened helped Fidelity National Financial improve its first-quarter net income by 59% over the same period last year.

Fannie Mae's first-quarter profits were enough for it to rebuild its minimum capital buffer and pay the Treasury Department dividend after being forced to take a draw during the previous fiscal period.

Arch Capital Group's mortgage insurance subsidiary slipped to No. 2 in market share just five quarters after completing the acquisition of former No. 1 United Guaranty Corp.

If Freddie Mac's credit-risk transfer activities continue to grow, mortgage lenders could eventually see a reduction in the guarantee fees they pay to the government-sponsored enterprise, according to CEO Donald Layton.

New Residential Investment Corp. reported a 400% year-over-year increase in net income as its servicing revenue improved dramatically over the previous year.

Ellie Mae's first-quarter net income of a little over $2 million was lower than last year's due to some one-time expenses, but continuing operations numbers exceeded analysts' expectations.

Mortgage industry vendors' earnings varied based on the effectiveness of the strategies they used to contend with origination declines and other factors.

If 10-year Treasury yields remain at or above 3%, the average 30-year fixed-rate mortgage could hit 5% sooner than previously expected.

Flagstar Bancorp returned to profitability in the first quarter after tax reform caused a loss in fourth quarter, but its mortgage revenues dropped 15% due to margin compression and lower volume.

Yields on the 10-year Treasury hit their highest level since the start of 2014 and got very close to cracking the 3% mark, signaling a potential spike in mortgage rates.

MGIC Investment Corp.'s first-quarter net income beat analysts' estimates due to favorable loss development and that should be seen with the other private mortgage insurers.

Ditech Holding Corp. lost $426.9 million in 2017, with almost half of that recorded during the fourth quarter, when the company filed for bankruptcy.