Earnings
Earnings
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Intercontinental Exchange's proposed acquisition of Simplifile will enhance its MERS unit's growing presence in handling electronic notes.
May 2 -
Freddie Mac will keep building on the financial reforms that produced profitability during conservatorship as broader government-sponsored enterprise proposals take shape, according to departing CEO Don Layton.
May 1 -
Fannie Mae is considering sharing more risk with the private sector to reduce future strain on its earnings from the implementation of the Current Expected Credit Loss accounting standard next year.
May 1 -
First-quarter year-over-year results declined at a pair of mortgage bankers active in the acquisitions market as well as at the provider of the most used servicing technology.
May 1 -
In a long-term attempt to stabilize its earnings from the cyclical nature of home loans, HomeStreet took a loss in the opening quarter of 2019.
April 30 -
The Boston company gained the mortgage platform when it bought First Choice in 2017.
April 30 -
Title underwriters and other vendors reported year-over-year declines in business activity (although some reported improved profitability), but lower interest rates made them optimistic about their prospects going forward.
April 26 -
Even after integrating the 52 Wells Fargo branches acquired in December as part of its efforts to diversify beyond home lending, Flagstar Bancorp's first-quarter earnings were driven by increased mortgage revenue.
April 23 -
MGIC Investment Corp. posted better-than-expected first-quarter earnings as expenses were lower than projected while net premiums came in higher.
April 23 -
The bank is expecting to benefit from the discount airline's first flights to the Aloha State even as a white-hot local housing market starts to cool.
April 22 -
The Minneapolis bank reported mid- to high-single-digit improvement in those categories, but total loan growth was curbed by declines in CRE and other credit types.
April 17 -
Lower interest rates increased Bank of America's first-quarter residential mortgage volume by 21% over the previous year, while home equity dropped by 25%.
April 16 -
Citigroup's first quarter mortgage-related revenue increased compared with the fourth quarter — although down slightly from the same period last year — as its lending operations continued to contract.
April 15 -
First-quarter mortgage banking results at Wells Fargo and JPMorgan Chase could be an early sign of an improving industry.
April 12 -
The Los Angeles bank will take a $1.4 million hit to earnings after the multifamily properties sold for less than their book value.
April 1 -
Falling mortgage rates are giving a lift to homebuilders just in time for the key spring selling season.
March 27 -
Impac Mortgage Holdings saw its shift to predominantly originate non-qualified mortgage loans reduce its fourth-quarter GAAP net loss along with increasing its gain-on-sale margins.
March 15 -
The California banking company has two loans tied to DC Solar that are on nonaccrual status.
March 15 -
Falling interest rates contributed to efforts that helped Hovnanian Enterprises nearly halve its net loss during its fiscal first quarter, when it maintained a strong sales pace by selling more low-priced homes.
March 11 -
Mark Calabria, who could be confirmed as early as this month, is expected to focus on changes to Fannie Mae and Freddie Mac’s conservatorships to let the mortgage giants keep more of their profits.
March 10


















