Earnings
Earnings
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Altisource Portfolio Solutions recorded multimillion-dollar net losses in the fourth quarter and the full year for 2018, due to the reduction of the Ocwen Financial servicing portfolio and other repositioning activities.
February 26 -
The six private mortgage insurers had a great year as they continued to grab market share from the Federal Housing Administration. Despite some headwinds, 2019 is shaping up to be another good year.
February 22 -
Zillow Group Inc., the housing search website that's taken a hit to its stock price as it pursues an ambitious plan to buy homes and originate mortgages, is bringing back its first chief executive officer to lead the transformation.
February 21 -
New Residential priced its second stock offering in four months, looking for gross proceeds of nearly $665 million.
February 20 -
With a growing market share of home sales and wider breadth of services, Redfin posted significant annual revenue gains.
February 15 -
The government-sponsored enterprises are going through a transition period. From proposals for rebuilding their capital cushions to tackling shortages in affordable housing, Fannie Mae and Freddie Mac face a number of key challenges with wide-ranging consequences this year.
February 14 -
Taylor Morrison Home Corp. mortgage volume inched down during the fourth quarter, but is hoping a recently added rate-buydown feature could bolster future lending.
February 13 -
Black Knight reported lower net earnings, but higher revenue in the fourth quarter compared with the previous year, driven by growth in the company's software segment.
February 13 -
Fourth-quarter increases in Fannie Mae and Freddie Mac mortgage origination volume helped Walker & Dunlop reach a new quarterly high in revenue of $215 million.
February 6 -
Genworth's U.S. mortgage insurance unit's adjusted operating income increased over the previous year as the lower corporate tax rate and lower loss ratio overcame a 9% reduction in new insurance written.
February 6 -
PulteGroup's housing-finance unit recorded a year-to-year decline in its capture rate for the fourth quarter, as competition in the market intensified.
January 29 -
Flagstar Bancorp's acquisition of 52 Midwest branches of Wells Fargo helped increase its core customer base, but its mortgage results were lower than anticipated in the fourth quarter, according to the Troy, Mich.-based bank.
January 22 -
Ditech Holding Corp. fired its chief operating officer after nine months, and entered into a forbearance agreement for a debt payment that was due in December, it said in a regulatory filing.
January 17 -
MGIC Investment Corp. responded to the broad-based roll out of "black box" pricing engines from the other mortgage insurers by bringing its version to market.
January 17 -
Bank of America's first-mortgage production dropped almost 26% year-over-year in the fourth quarter of 2018, but it experienced a less severe 10% decline in home equity lending during the same period.
January 16 -
Loans grew 6% at JPMorgan Chase, but the bank is "not going to be stupid" and assume that will last forever, its CEO says. Here are some precautionary steps it's taking.
January 15 -
Wells Fargo and JPMorgan Chase had reduced mortgage-related earnings in the fourth quarter as home loan activity continues to fall short of expectations.
January 15 -
Revenue slumped 5% in the fourth quarter, the third drop in the past year and a bigger one than analysts had expected.
January 15 -
Citigroup's residential mortgage originations declined 23% and its home-loan revenue dropped by 35% year-over-year in the fourth quarter of 2018, as the company continued to distance itself from home loans.
January 14 -
Lennar Corp., the first big homebuilder to report in this earnings cycle, surged after its chairman said buyer traffic improved in December as mortgage rates declined.
January 9



















