Fiserv, Brookfield, Wis., has reported net income of $95.0 million ($0.48 per share) for the second quarter, up from $78.4 million ($0.40 per share) a year earlier.Fiserv's processing and services revenues came in at $855.9 million for the quarter, a 33% increase over the $643.9 million for the second quarter of 2003. Fiserv can be found on the Web at http://www.fiserv.com.
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The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
11h ago -
In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
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The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
April 18 -
The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
April 18 -
But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
April 18 -
The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
April 18