Earnings
Earnings
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Both Keefe, Bruyette & Woods and BTIG believe the transaction — key to spinout of the mortgage business — will be completed despite the opposition of Sculptor founder Dan Och.
August 17 -
All six companies reported a shift on a quarter-to-quarter basis, and most were still off from a year ago.
August 15 -
BofA's fintech accelerator launch and Guaranteed Rate's new insurance offering via a brokerage spinoff are among the latest fintech stories.
August 14 -
The privately held company added a retail branch network and a $10 billion servicing portfolio — and is looking for more.
August 10 -
The fintech is reducing its sales and marketing expenses and promoting a healthy pipeline of consumer banking products, representatives said.
August 10 -
The company, which recently divested in the forward mortgage business and sold off its title services unit, reported a $222.5 million loss.
August 9 -
But its operating income missed estimates with servicing income and gain-on-sale margins coming in lower than expected.
August 9 -
The lender and servicer posted its highest pull-through weighted gain-on-sale margin in almost two years while recording modest production growth.
August 9 -
The REIT issued its second securitization of the year in June, while also purchasing or locking $50 million in newly originated loans.
August 8 -
The real estate investment trust declined to comment on its bid to buy Western Asset Mortgage Capital, a company that received a sweetened competing offer from Terra Property Trust last week.
August 7