Stocks

Farmer Mac's second-quarter net earnings increased 46% year-over-year, driven by a boost in net interest income that was enhanced by its growing loan and securities portfolio.

PHH Corp. lost $46 million in the second quarter as it continues efforts to exit mortgage origination and servicing and instead focus on subservicing.

Essent Group reported second-quarter net income of $72.1 million, an improvement from the $52.3 million of the same period last year.

The government-sponsored enterprise is still looking for the right balance between offering a product that's attractive to investors and a cost-effective way to reduce risk.

Ocwen Financial Corp. recorded a $44.4 million net loss in the second quarter related to its court battles and other expenditures, including costs related to its exit from correspondent lending.

Genworth Financial's U.S. private mortgage insurance business had an almost 50% increase in adjusted operating income, benefiting from lower-than-expected claim rates.

Radian Group posted a net loss of $27.3 million on charges associated with the planned restructuring of its underperforming mortgage and real estate services unit.

Shareholders of Fannie Mae and Freddie Mac say a trove of documents they have obtained bolsters their case that the government lied when it decided to take all of the mortgage companies’ profits.

Ellie Mae had second-quarter net income of $18.8 million, a 77% increase over the $10.6 million in the same period last year largely due to a tax accounting change.

Arch Capital Group's mortgage insurance business had second-quarter underwriting income of $184 million, up 343% from the $41.4 million for the same period last year.