Earnings
Earnings
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Nonbanks with servicing portfolios saw earnings dip, while expenses for most shot up in anticipation of more origination volume.
November 22 -
Lower rates during the period helped independent mortgage bankers make money on their originations but they posted losses on servicing.
November 14 -
The real estate investment trust reported a GAAP loss and thin earnings available for distribution as a result of market shifts that also affected some peers.
November 13 -
Better touted the company's efficient operations, including an artificial intelligence voice assistant handling all of its inbound customer calls.
November 13 -
A steep mortgage servicing rights valuation change hurt earnings which included greater adjusted net income and total origination volume.
November 12 -
The company also saw a slight impact from changes to real estate commissions.
November 11 -
Private mortgage insurers are having a strong year so far, although most had flat business in the third quarter, industry results show.
November 11 -
Three of the four largest title insurers were profitable in the third quarter; First American's loss should set it up for future gains, its execs said.
November 8 -
United Wholesale Mortgage beat its own guidance on originations and gain on sale margins third quarter earninga, helped by an uptick in refinance volume due to lower rates in August and September.
November 7 -
The company plans to increase investments in its proprietary products as well as marketing initiatives with expectations of originations growth next year.
November 6