David Krechevsky

Reports Q3 net loss of $137.5 million, down nearly 39% in part due to cutting nearly 5,000 employees.

Calif.-based company has now cut 941 jobs in 2022.

Fannie YOY earnings down nearly 50%; Freddie's fall 55% as housing market shrinks.

New CEO says he remains confident the company is uniquely positioned for success.

Says adding Basis Investment Group subsidiary advances its commitment to diversity and inclusion.

Co-CEO says company officials decided to 'bow out' like gentlemen.

Fannie Mae survey finds just 16% of consumers say now is a good time to buy a home.

Reports strong Q3 earnings, with net income and overall originations up from Q2.

Unemployment rate rises to 3.7%; number of unemployed now 6.1 million.

Fitch Ratings also gave stable outlook as servicer revealed plans to expand into Non-QM loans.