Earnings
Earnings
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The government-sponsored enterprise expects a "moderate recession" in the first half of 2023.
February 14 -
Executives at the company said building special-servicing capacity will help the company brace itself for a potential change in the credit cycle.
February 10 -
The company, which recorded positive comprehensive income based on unrealized RMBS gains, sees potential buying opportunities in bulk mortgage-servicing rights amid a wave of sales by Wells Fargo and others.
February 9 -
The company's mortgage operations posted a $24 million pretax profit thanks to servicing, while loan production saw a loss.
February 8 -
Servicing was strong relative to some analysts' estimates, but thin margins and higher-than-expected expenses in originations reduced earnings for the fiscal period.
February 3 -
Industry headwinds led numbers at the software and data provider downward at the end of the year, but company leaders said the unit is positioned well for a market snapback.
February 2 -
The Long Island company is closing 69% of the retail home lending offices previously operated by Flagstar Bancorp. New York Community recently acquired Flagstar for $2.6 billion.
January 31 -
The company reported its seventh consecutive quarter of record adjusted net revenue.
January 30 -
The bank holding company is taking the business purpose lender into the corporate fold and out of its own silo, executives said.
January 27 -
The Pittsburgh bank posted a solid profit and said that it expects continued loan growth. But the pace of business expansion could slow alongside an economic downturn.
January 18 -
Signature Bank of New York is pulling back from crypto deposits and has increased borrowings from the Federal Home Loan Bank of New York.
January 17 -
Analysts questioned whether the reductions could have a negative impact in terms of scale, but executives said the move has financial advantages — more so than its correspondent exit.
January 13 -
The impact of a weakening economy on quarterly performance will become clearer by the second week of January as banks begin to report fourth-quarter earnings.
January 6 -
Proceeds from the sales, which might not be the last, will pay down a personal loan secured by Nima Ghamsari's holdings.
December 13 -
NYSE American accepted the mortgage company's plan to resolve an existing concern but its persistent losses raised a new issue.
November 17 -
A combination of fewer mortgage originations and investment losses for some companies contributed to declines.
November 14 -
The non-qualified mortgage lender lost $13 million in the quarter, a slight improvement over the previous period.
November 11 -
The company experienced further declines in production volume but reported an intra-quarter improvement in its gain on the sale of loans.
November 10 -
The company was profitable on a net basis but took a comprehensive loss linked to market volatility's effect on mortgage bonds.
November 9 -
But executives put a sunny spin on it, saying that its recent exit from forward mortgages will allow it to leverage reverse lending, where tailwinds will lead to profitability next year, management said.
November 9


















