Earnings
Earnings
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Wells Fargo had another surprise for investors in the form of its biggest legal charge yet, showing the lender is not yet past its consumer banking scandals.
January 12 -
The company said it will lay off more than a dozen employees in a move that reflects the current volume of mortgage loan originations.
December 15 -
The agency's Quarterly Banking Profile said banks earned $47.9 billion in the third quarter, helped by a 7.4% increase in net interest income from the previous year.
November 21 -
Home Depot saw sales surge in the wake of this year's barrage of hurricanes, but the storms still took a toll on the retailer's bottom line.
November 14 -
The J.G. Wentworth Co.'s financial results improved in the third quarter, due in part to an increase in mortgage originations, but it continued to operate at a loss.
November 14 -
Equifax reported earnings that were 27% lower and mortgage services revenue was 2% lower on a year-to-year basis after revealing a major breach and taking steps to improve security.
November 10 -
Walter Investment Management Corp. is looking to file for bankruptcy protection by Nov. 30, after lining up $1.9 billion of debtor-in-possession warehouse financing.
November 10 -
Impac Mortgage Holdings' nonqualified mortgage origination volume increased 248% year-over-year in the third quarter as the company accumulates loans for a planned securitization next year.
November 9 -
PHH Corp.'s net loss grew in the third quarter as the company took a hit from the costs of its transformation to being a subservicer and portfolio retention originator.
November 8 -
Genworth Financial had net income of $107 million because of its U.S. mortgage insurance business, but it is considering a partial sale of the unit if the parent company isn't acquired by next May.
November 3 -
Fannie Mae servicers are facing pressure from the recent hurricanes, but so far are bearing up under the strain.
November 2 -
Nationstar Mortgage Holdings posted net income of $7 million for the third quarter, its first under the new Mr. Cooper consumer-facing brand.
November 2 -
Ocwen Financial Corp. lost $6.1 million in the third quarter, as pretax losses from its origination business outweighed any profits generated from the servicing side.
November 2 -
A securities settlement, portfolio asset sales and greater interest among smaller lenders helped Freddie Mac compensate for potential losses from the catastrophic hurricane season.
October 31 -
Third-quarter net income at mortgage technology provider Ellie Mae was higher year-over-year but came in below the previous quarter's number as the company worked to produce gains despite falling originations.
October 27 -
CoreLogic's net income dropped to $31 million in the third quarter from $36 million a year ago due to a settlement and an estimated 25% decline in origination units.
October 26 -
Radian Group reported third-quarter net income of $65 million after taking $57.8 million in pretax charges — $12 million of which is related to the Clayton Holdings restructuring.
October 26 -
BOK Financial benefited from rising interest rates in the third quarter even as it reported declines in fee income and commercial real estate loan balances.
October 25 -
The Michigan company's third-quarter results were down slightly from a year earlier despite increased commercial lending and a wider net interest margin.
October 24 -
Net income at the Livingston, N.J., company climbed 67% due to a variety of one-time items tied to its ongoing restructuring.
October 24


















