Countrywide Financial Corp., Calabasas, Calif., has provided earnings guidance for 2005, estimating that it will earn between $3.25 and $4.25 per share based on lower mortgage industry origination volume but higher market share.Countrywide said it expects to produce between $250 billion and $390 billion of loans next year, based on an estimated range of total mortgage origination volume of $1.8 trillion to $2.7 trillion for the industry. That would give Countrywide a market share of 14.0% to 14.5%. Countrywide also said it expects to see an average loan servicing portfolio of $920 billion to $950 billion next year.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




