Earnings
Earnings
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Mortgage lenders still need to monetize mortgage servicing rights quickly amid the sluggish housing market, representing more opportunities for the firm.
January 30 -
Rebranded Two far exceeded consensus on net profit but took a loss in comprehensive income during a period in which it had to hedge to address market risk.
January 30 -
The bank anticipates recent changes will help it rebound soon from a quarter in which commercial-loan distress grew and a sale of the company fell apart.
January 28 -
The homebuilder saw profits grow for the fourth straight quarter, even as the number of new orders decreased.
January 28 -
The market is watching to see how investors handle any market dislocations that arise as elected leaders look to reform the government-sponsored enterprises.
January 27 -
Commoditization of mortgages, plus technology that eases the refinance process, and the regulatory environment, all contributed to the decision.
January 17 -
The Alabama-based regional bank reported stronger earnings on a bump in capital markets fee revenue and lower expenses, but its total loans declined and its charge-offs increased. It expects only modest loan growth this year.
January 17 -
Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." But he said executives "don't want to get ahead of ourselves."
January 15 -
Freddie Mac shares rose to $4.14 at 12:30 p.m. in New York Friday, Fannie Mae's stock climbed to about $4.23, each up 22% from the previous day's close.
January 3 -
Mortgage originators should expect more of those interest rate dips that took place in September, but when they happen is the unknown factor, economists said.
December 16 -
The Toronto-based bank suspended its medium-term growth targets and announced a full-scale review of its strategies following historic anti-money-laundering failures.
December 5 -
The Canadian bank fell short of analysts' expectations on non-interest income partly because of a higher-than-anticipated tax rate. Scotiabank's results also included a one-time impairment charge related to its investment in Bank of Xi'an Co. in China.
December 3 -
Listing the changes already made to its business model in his first 90 days, CEO Ryan Marshall said Voxtur could be EBITDA positive if trends hold in 2025.
December 2 -
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



















