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The bank's second quarter production revenue was down 32% from the first quarter, even as volume increased 4%.
July 13 -
The $16 billion Champion Mortgage portfolio sale follows Ocwen Financial’s purchase of different assets from MAM a few weeks prior.
July 6 -
The company is looking to sell 20 million shares, with a 3 million underwriters' option, at between $16 and $18 per share.
July 6 -
It is only a modest positive for new publicly-traded mortgage companies if acting Federal Housing Finance Agency head Sandra Thompson rolled back the caps put in place by the agreement with the Treasury.
July 2 -
The company plans on trading on the New York Stock Exchange under the ticker symbol BLND
June 21 -
Investors appear to support the notion that lending to borrowers who don’t have traditional incomes could be a growth engine for lenders as other sources of volume weaken.
June 17 -
While the company did notify the public and regulators in May 2019, executives were not aware at the time that there was previous knowledge of the security vulnerability within the company.
June 15 -
The alternative minimum tax would challenge at least one influential nonbank and big depositories, according to a new Keefe, Bruyette & Woods report.
June 7 -
The transaction goes a long way toward the company’s goal to amass MSRs with a total unpaid principal balance of up to $150 billion.
May 25 -
The newly public company expects a 20% overall loss in adjusted earnings this year.
May 13