Stocks

The potential acquirers included a "go shop" provision as a sweetener in the rejected offer.

Mortgage rates fell 7 basis points this week to yet another record low in the 49-year history of the Freddie Mac Primary Mortgage Market Survey, as stock market indicators sank during the period.

Nearly half of the second-quarter volume came from its existing customers.

Neither side opted to invoke their Aug. 31 termination rights and the deal is set to close by the end of September.

Cannae and Senator said they are looking to stop CoreLogic from unilaterally cancelling a vote on changing the members of its board.

Blackstone Group, which led Wall Street's initial foray into the single-family rental business, is making a new investment in suburban houses at a time when the COVID-19 pandemic is pressuring traditional commercial real estate.

Most of the proceeds will be used to deal with debt maturities, with the rest held by the MI unit's parent.

Its stock price, which slid since day two of trading, opened 10% on the earnings news.

The company's Dun & Bradstreet investment reduced its results by $31 million.

Even though revenues beat analysts' estimates, Zillow lost $84 million in the second quarter, with its mortgage business losing $240,000.

The company reported nearly $23 million in losses for the second quarter, but that was an improvement on a quarter-to-quarter basis.

After an initial fizzle, the stock at one point was trading above the original expected price range.

Insurance claims and claims expenses were 503% above 1Q and 1,075% over 2Q19.

The delinquent loan inventory more than doubled compared with the prior year.

The common stock for the new parent of Quicken Loans is expected to start trading on the New York Stock Exchange on Thursday.

PREIT, which owns a number of large malls, is trimming the salaries of its CEO and chief financial officer while suspending dividend payments as part of a deal with its lenders to stave off default as the coronavirus pandemic continues to take its toll on the troubled company.

The year-over-year increase came as homebuying picked up and the company's mortgage lending business boomed.

The company's servicing segment recorded a pretax loss of $251 million over the period.

Even with the second quarter's market disruption, Redwood Trust still regained profitability.

While low interest rates drove up new insurance written, the increased defaults stymied overall performance.