A series of moves aimed at deleveraging its balance sheet led to the loss, but the bottom line improved markedly over 2023.

The company more than doubled results over comparable periods and exceeded estimates due to stronger economies of scale and valuation adjustments in its favor.

On a GAAP basis, Intercontinental Exchange's mortgage business has lost money for nine quarters, but a metric that includes Black Knight makes it profitable.

The mortgage arm of Rithm Capital saw profits surge in the fourth quarter, as the parent company looks to scale up before making any moves to separate.

The financial services unit also made a categorization change that revised comparisons to prior periods and will be working with its REIT affiliate in new ways.

The Long Island-based company, which is in the middle of a makeover, saw its stock price rise sharply after reporting a net loss that was less than what analysts expected.

Mortgage lenders still need to monetize mortgage servicing rights quickly amid the sluggish housing market, representing more opportunities for the firm.

Rebranded Two far exceeded consensus on net profit but took a loss in comprehensive income during a period in which it had to hedge to address market risk.

The bank anticipates recent changes will help it rebound soon from a quarter in which commercial-loan distress grew and a sale of the company fell apart.

The homebuilder saw profits grow for the fourth straight quarter, even as the number of new orders decreased.