Earnings
Earnings
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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 -
The Seattle company has faced criticism from an investor over its commitment to the business, which lost money in the first quarter.
April 24 -
The Cincinnati bank reported strong profits, but its efforts to lower credit risk curbed lending as expenses rose in the first quarter.
April 24 -
The Providence, R.I., company reported a double-digit increase in quarterly profits despite a year-over-year decline in fee-based revenue.
April 20 -
The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.
April 20 -
However, mortgage growth and servicing income weren't the only reasons profits rose by double digits at the Dallas bank.
April 18 -
MGIC Investment Corp.'s first-quarter net income beat analysts' estimates due to favorable loss development and that should be seen with the other private mortgage insurers.
April 18 -
Ditech Holding Corp. lost $426.9 million in 2017, with almost half of that recorded during the fourth quarter, when the company filed for bankruptcy.
April 17 -
Lending, especially in some consumer segments, increased at Bank of America in the first quarter, and CEO Brian Moynihan expects that to continue this year. However, for market watchers skeptical about the industry's growth prospects, BofA's numbers may do little to change their minds.
April 16 -
One measure of how much things have changed in the last decade at Bank of America: The firm has stopped reporting fees from its mortgage business.
April 16 -
First-quarter mortgage banking results at Wells Fargo and JPMorgan Chase were weaker than Keefe, Bruyette & Woods forecast due to lower-than-expected gain-on-sale margins.
April 13 -
The firm warned Friday that it may take a charge of as much as $1 billion to settle a U.S. probe of its consumer business.
April 13 -
The Chicago company said its decision was largely based on intense competition, very low margins and economic changes.
April 12 -
Investors are growing worried about lackluster loan growth this year at community banks.
April 12 -
Mortgage lenders are growing more pessimistic about their profitability, with the highest percentage ever seen in Fannie Mae's first-quarter industry sentiment survey expecting a decline in margins.
March 15



















