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The company's second-quarter net income was $116 million, with mortgage banking revenue of $239 million.
July 28 -
The number of loans going into coronavirus-related forbearance dropped for the sixth consecutive week, as the growth rate fell 6 basis points between July 13 and July 19, according to the Mortgage Bankers Association.
July 27 -
The company lost $8.9 million in the second quarter, but its origination and servicing businesses were profitable.
July 22 -
The number of loans going into coronavirus-related forbearance dropped for the fifth straight week, as the growth rate plummeted 38 basis points between July 6 and July 12, according to the Mortgage Bankers Association.
July 20 -
Rocket Cos. profits were over 35 times greater than what it disclosed for the first quarter.
July 17 -
The banks logged strong year-over-year growth in gain-on-sale margins for mortgage loans.
July 14 -
The number of loans going into coronavirus-related forbearance fell for the fourth consecutive week, as the growth rate plummeted 21 basis points between June 29 and July 5, according to the Mortgage Bankers Association.
July 13 -
A more than $5 billion offering going up for bid is one of the first large transactions seen since the coronavirus complicated trading.
July 10 -
The number of loans going into coronavirus-related forbearance dropped for the third consecutive week, as the growth rate fell 8 basis points between June 22 and June 28, according to the Mortgage Bankers Association.
July 7 -
Mortgage insurers had been operating under the belief that rules pertaining to natural disaster delinquencies apply with COVID-19, but now it's in writing.
July 1