Stearns Lending canceled plans for an auction after almost two-thirds of its noteholders approved a bankruptcy reorganization proposal that would solidify Blackstone's ownership of the company.

Bankrupt mortgage servicer Ditech Holding Corp. cleared the way for the $1.8 billion sales of its businesses by agreeing to preserve some homeowner claims like the right to fix mistakes on their loans.

Stewart Information Services has decided to make some big changes at the top following the dissolution of a planned merger with Fidelity National Financial.

The Federal Trade Commission wants to block the merger of Fidelity National Financial and Stewart Information Services stating the deal would reduce competition for title insurance, including for large commercial real estate transactions.

There is no legal basis to force Bank of America to make good on its commitment to provide $150 million in mortgages to beneficiaries of the Department of Hawaiian Home Lands, the state's Attorney General said.

Bankrupt mortgage servicer Ditech Holding Corp. saw its reorganization plan rejected on Wednesday after a federal judge ruled the company couldn't sell its mortgage-servicing rights and reverse-mortgage business free and clear of consumer claims.

Better.com has added new capital to support its growth and, in a separate deal, New Residential has agreed to use some its funds to buy property management firm DGG RE Investments.

Genworth Financial agreed to sell its Canadian unit to Brookfield Business Partners for C$2.4 billion ($1.8 billion) as it works to win regulatory approval for its acquisition by China Oceanwide Holdings Group.

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.

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