Stocks

The company that holds Washington Mutual's legacy reinsurance business has agreed to purchase a controlling interest in Nationstar Mortgage and invest in its growth.

Ellie Mae's fourth-quarter and full-year revenue increased over the corresponding prior periods following its acquisition of Velocify.

Walter Investment Management Corp. plans to emerge from Chapter 11 bankruptcy and start trading again under a new name in a matter of days.

Mortgage rates hit their highest mark since December 2016 as bond yields were affected by the roller coaster stock market, according to Freddie Mac.

Recent stock market volatility may further constrain jumbo lending, while inflation concerns have lenders paying close attention to rising mortgage rates.

Shares of homebuilders are now in their 10th straight day of decline, the longest losing streak for the sector since 2002, when it lasted 11 days.

Anthony Renzi, the former Freddie Mac executive brought in to try and right the ship at Walter Investment Management Corp., will be leaving the company once a replacement is found.

The changes to the tax code reduced Radian Group's fourth-quarter net income as the company took an incremental provision of $102.6 million.

Walter Investment Management Corp. pushed back the date it would emerge from bankruptcy to no earlier than Feb. 2 from the originally planned Jan. 31.

U.S. home prices are surging to new records. Homebuilder stocks last year outperformed all other groups. And bears? They're now an endangered species.