Earnings
Earnings
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The company posted its best quarter for funded loan volume and shared other green shoots including greater margins on less reverse mortgage business.
November 6 -
The lender reported $33.3 million in net income in the third quarter this year, up from the second quarter and same period a year earlier.
November 5 -
Home price modeling changes hurt FOA's third-quarter interim results but it was in the black between January and September on a continuing operations basis.
November 4 -
Vic Lombardo, new head of mortgage services, has identified growth ideas and new revenue streams for Motto Mortgage and Wemlo, Remax CEO Erik Carlson said.
October 31 -
Zillow Home Loans originated 57% more purchase mortgages versus the third quarter of 2024, with production and segment revenue growth beating estimates.
October 31 -
Rocket Companies lost $124 million on a GAAP basis, but its management celebrated milestones regarding its Redfin and Mr. Cooper acquisitions.
October 30 -
The tech giant provided context around Flagstar and Pennymac's moves, as it reported more Encompass and MSP clients and greater mortgage income.
October 30 -
Company officials credited recent mortgage rate pullbacks, a nonagency servicing partnership and Improvements in technology behind recent momentum.
October 30 -
The government-sponsored enterprise's bottom line results, like Fannie Mae's, came in above the previous quarter's but below year-ago numbers.
October 30 -
Shareholders' equity topped $105 billion as net income rose 16% from the previous quarter and nearly matched year-ago results.
October 29 -
RoundPoint's corporate parent generated positive comprehensive income with the legal expense excluded and expanded its subservicing activity.
October 28 -
The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
October 24 -
The mortgage unit of Hilltop Holdings lost $7.2 million pretax in the third quarter with lower volume, following making a small profit three months prior.
October 24 -
Companies reported positive numbers but see challenges in a sluggish housing environment, as federal pressure ramps up to address affordability.
October 24 -
On a year-over-year basis, Waterstone's mortgage business was able to grow pretax profits to $1.3 million in the third quarter, compared with $144,000 in 2024.
October 24 -
The Long Island-based bank hasn't been profitable in eight quarters, but executives maintain that it's on the right path, citing more loan book diversity, lower expenses and an improved margin.
October 24 -
This is the second acquisition deal Old Republic has been involved in this year, after selling its title production business in January.
October 23 -
The company's servicing valuations fell but by less than in previous quarters. Lower rates both aided production and created recapture opportunities.
October 21 -
Following a $60 million credit hit, the Salt Lake City bank said that it hasn't found any other related problem loans.
October 20 -
The Cincinnati, Ohio-based bank delivered third-quarter earnings that mostly met expectations, even as it took a $200 million blow to credit.
October 17



















