Stocks

Stewart Information Services Corp. posted net income in the first quarter of $4.1 million, a turnaround from the $11.2 million loss one year ago.

MGIC Investment Corp. had net income of $89.8 million for the first quarter, an increase of nearly 30% over the same period last year of $69.2 million.

Mortgage bankers' first-quarter earnings should be down from the fourth quarter in tandem with the reduction in origination volume.

Impac Mortgage Holdings sold $56 million of its common stock as part of a plan to securitize non-qualified mortgage loans.

Consolidation among large independent mortgage bankers is likely as several lack the financial wherewithal to deal with the changing environment, Moody's said.

In a bitterly partisan Congress, two senators are making a rare push across party lines to solve a persistent riddle with huge implications for the U.S. housing market: What to do with Fannie Mae and Freddie Mac?

LoanDepot Inc. is exploring the possibility of reviving a stock offering after cancelling one in November 2015

Profits at Mill Valley, Calif.-based Redwood Trust shrank during the fourth quarter, reflecting lower interest income and net losses on the fair value of investments.

CoreLogic reported a 90% year-over-year decline in net income during the fourth quarter, as impairment charges more than offset the company's revenue gains.

Ocwen Financial Corp. reduced its net loss in the fourth quarter, a reflection of the company's efforts to reduce expenses.