Earnings
Earnings
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Revenue slumped 5% in the fourth quarter, the third drop in the past year and a bigger one than analysts had expected.
January 15 -
Citigroup's residential mortgage originations declined 23% and its home-loan revenue dropped by 35% year-over-year in the fourth quarter of 2018, as the company continued to distance itself from home loans.
January 14 -
Lennar Corp., the first big homebuilder to report in this earnings cycle, surged after its chairman said buyer traffic improved in December as mortgage rates declined.
January 9 -
Bank OZK's George Gleason, one of our community bankers to watch in 2019, needs to rein in the Arkansas bank's commercial real estate exposure to placate nervous investors.
December 31 -
CoreLogic is exiting its loan origination software and default management operations over the next 24 months and instead accelerated plans to transform its appraisal management company unit.
December 21 -
Toll Brothers Inc. reported its first drop in orders since 2014, led by a big falloff in California demand, a sign that high-end property markets are cooling. Shares slumped.
December 4 -
A U.S. regulator's plan to boost capital in the mortgage-finance giants won't work unless investors get "compensated" for the billions of dollars the government has collected from the companies in recent years, one shareholder said.
November 16 -
A reduction in Ditech Holdings' quarterly net loss fell short of what the company needed to avoid the possibility of another Chapter 11 filing.
November 15 -
Beazer Homes USA is working to encourage competition among its approved lenders in order to help control upward pressure on home prices and lending rates that could slow sales.
November 13 -
D.R. Horton Inc. fell the most in more than three years after executives at the builder said the market for homes is getting "choppy" and that the pace of order growth may slow next quarter.
November 8