Earnings backed by increased investment in Non-QM residential mortgage loans
Tagged: Earnings Call
GSE sees chance to ‘strip away unnecessary bureaucracy and eliminate non-essential activities’ to drive tech investments, lower origination costs
Fannie Mae’s net income falls 11% from Q4 2024 as net worth climbs nearly 4% to $98.3B
Loan production fell 10% in Q1, but purchase share climbed and borrower recapture hit 51% amid broader strategic realignment
Loan acquisitions fell 18% in Q1; EPS missed forecasts by $0.40; $1B in new securitizations completed
Rocket generated $29.8 billion in net rate lock volume during Q3, a 43% increase over last year
UWM CEO Ishbia says the declining fair value of MSRs had an impact
Lender-affiliate Arc Home reported $681.6 million in originations in Q3.
Lower rates usher in more purchase and refinance activity
Better's Q2 2024 revenue was approximately $31 million, an increase of 41% from Q1 2024.