Earnings
Earnings
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Nationstar Mortgage Holdings reported first-quarter net income nearly four times higher compared to the fourth quarter of 2017.
May 4 -
Costs rose at the global bank, profit in North America fell 16% and questions are mounting for new CEO John Flint ahead of the release of his strategic plan.
May 4 -
Fannie Mae's first-quarter profits were enough for it to rebuild its minimum capital buffer and pay the Treasury Department dividend after being forced to take a draw during the previous fiscal period.
May 3 -
Ocwen Financial Corp. got back in the black during the first quarter after selling New Residential Investment Corp. $110 million in economic rights to mortgage servicing.
May 2 -
Arch Capital Group's mortgage insurance subsidiary slipped to No. 2 in market share just five quarters after completing the acquisition of former No. 1 United Guaranty Corp.
May 2 -
If Freddie Mac's credit-risk transfer activities continue to grow, mortgage lenders could eventually see a reduction in the guarantee fees they pay to the government-sponsored enterprise, according to CEO Donald Layton.
May 1 -
New Residential Investment Corp. reported a 400% year-over-year increase in net income as its servicing revenue improved dramatically over the previous year.
April 27 -
Ellie Mae's first-quarter net income of a little over $2 million was lower than last year's due to some one-time expenses, but continuing operations numbers exceeded analysts' expectations.
April 27 -
Mortgage industry vendors' earnings varied based on the effectiveness of the strategies they used to contend with origination declines and other factors.
April 26 -
Flagstar Bancorp returned to profitability in the first quarter after tax reform caused a loss in fourth quarter, but its mortgage revenues dropped 15% due to margin compression and lower volume.
April 24