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

Reps called the offer "opportunistic" and said it did not address regulatory concerns regarding overlaps with Bill Foley's other businesses, Fidelity and Black Knight.

If the transaction does not go through, Genworth is looking at reviving a spin-out of its U.S. mortgage insurance business.

Cannae Holdings, a spinoff of Fidelity National Financial, is trying to stage an unsolicited takeover of the property data, analytics and services firm that once had ties to Fidelity's competitor.

Mastercard has agreed to acquire Finicity for a reported price of $825 million, a move the card brand says will strengthen its open banking platform and expand financial services through more real-time access to data.

Analysts think the company could be looking for an acquisition target.

The sale completes First Choice affiliate Berkshire Hills Bancorp's exit from the mortgage origination business.

Bisignano, who engineered a technology-driven recovery at First Data before it was acquired by Fiserv last year, will take Fiserv's top job as the company forges its coronavirus strategy.

But it is still looking to conserve capital to cover future delinquencies and will likely halt dividends to the parent company.

The broker/wholesale business was by far the smallest origination segment for the company.

The coronavirus relief legislation could result in private mortgage insurers having to hold more capital, a B. Riley FBR analyst report said.

The latest deadline for Genworth Financial's acquisition by China Oceanwide is June 30, but the parties are looking to get the transaction completed by the end of next month.

The $2 trillion deal passed by the Senate late Wednesday would aim to put banks and consumers alike on stronger financial footing as they weather the coronavirus pandemic.

The North Carolina company will hold onto the loans after the Fed's decision to slash interest rates.

Insurance brokerage and risk management firm Brown & Brown plans to expand its lender-placed business by combining operations run by two former rivals with healthy respect for each other.

Mortgage-related companies finalized four partnerships, a servicing-retention firm went up for sale, and a long-delayed insurance-related transaction moved forward this week in a wave of industry merger and acquisition activity.

MVB in West Virginia will gain a 47% stake in the partnership in exchange for contributing its mortgage unit's assets to the new company.

The CEO of Freedom Mortgage, Stanley Middleman, provides his take on trends affecting independent mortgage bankers as well as the residential real estate finance industry at large.

Alexander most recently headed up mortgage lending and before that co-led the integration of Key's acquisition of First Niagara. He replaces Dennis Devine, who recently left the company.

Fidelity and Essent reported higher year-over-year profits in the last three months of 2019 as refinancing increased business volume, but Black Knight took a hit on its Dun & Bradstreet investment.