Stocks

Yields on the 10-year Treasury slipped in Jan. 3's morning hours as investors moved money into safer instruments following the U.S. attack that killed an Iranian general.

The deadline for China Oceanwide to complete its acquisition of Genworth Financial was extended for a 13th time, following completion of the sale of Genworth MI Canada to Brookfield Business Partners.

Despite an uptick in homebuilding and favorable financing rates, Hovnanian Enterprises' latest earnings results remained in the red due to a charge the company took to reposition debt.

Impac Mortgage Holdings generated $1.4 million in net income during the third quarter in earnings that were favorable compared to a string of losses in the past year.

The two newest private mortgage insurance companies had their best quarters ever for new insurance written, aided by the increase in consumers refinancing with less than 20% home equity.

Zillow Group reported third-quarter revenue that beat estimates as growing sales in its online marketing and home-flipping businesses sent shares higher in late trading.

Taylor Morrison Home Corp. has agreed to buy William Lyon Homes in a deal that would combine the two companies' in-house mortgage divisions and make the resulting entity the fifth-largest U.S. homebuilder.

Black Knight and PennyMac Financial Services are suing each other in separate disputes linked respectively to the latter's creation of a servicing platform and the former's dominant position in the market.

Ocwen Financial's cost-cutting initiatives are bearing fruit toward returning to profitability, management said, although the company's third-quarter loss was slightly higher than the same period one year ago.

More private mortgage insurers reported significant year-over-year gains in new business during the third quarter, mainly driven by the increase in refinance volume.