Earnings
Earnings
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Doma leadership said it has the technology and underwriting capabilities to allow the government-sponsored enterprises to handle the risk refi loans eligible for title waivers under a pilot announced by President Biden last week.
March 13 -
Company executives are counting on Guild's recent acquisitions to buoy business once the market normalizes.
March 12 -
The lender and servicer is still in the red but trimmed its expenses, and overall losses, significantly in 2023.
March 12 -
Reverse mortgage lender Finance of America posted a quarterly profit to end 2023, as it completed post-merger integrations and faced warnings of delisting from the New York Stock Exchange.
March 6 -
The company originated more loans to buy homes than Detroit-area rival No. 2 Rocket did in total during the fourth quarter.
February 28 -
A rate drop was a common concern for some servicers during the quarter, and Ocwen recently took a step aimed at better addressing this risk in the future.
February 27 -
The megalender and servicer Rocket reported annual origination volume in 2023 of $78.7 billion, a 40% decline from 2022.
February 22 -
As the book of business written during the 2020 t0 2022 period enters peak delinquency years, default notices are expected to rise, fourth quarter earnings comments revealed.
February 16 -
The company was able release credit reserves because of actual and forecasted prices that boosted net income, CEO Patricia Almodovar said.
February 15 -
The government-sponsored enterprise financed 955,000 mortgages last year, down from the 1.8 million loans it backed in 2022.
February 14