Earnings
Earnings
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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 -
Crossroads Systems Inc. has relaunched with the acquisition of a community development financial institution focused on the Hispanic mortgage market.
March 9 -
The Federal Agricultural Mortgage Corp. reported significant gains in new business volume, but also realized a big jump in 90-day delinquencies.
March 9 -
The servicing business drove Nationstar Mortgage Holdings' fourth-quarter profitability and will be a major factor going forward after the company is acquired by WMIH.
March 1 -
Ocwen Financial Corp.'s acquisition of PHH Corp. will help the nonbank servicer rebuild scale that's been diminished by years of regulatory restrictions and the decline in distressed mortgage volume brought about by improvements in the overall housing market.
February 28