Strong fourth-quarter and year-end results driven by servicing acquisitions and focus on customer experience
Tagged: Earnings
Despite a hefty hedging loss, annual gains look to outweigh quarterly losses
Zillow's President and SVP of Product step down, Jun Choo appointed to COO
The direct-to-consumer, digital lender continues to chase growth in a low-volume market expected to persist through 2025
Rocket generated $29.8 billion in net rate lock volume during Q3, a 43% increase over last year
CT-based lender reports $5.11 billion in residential originations, up 28% from the second quarter
Purchase acquisition volume increased to $80 billion in the third quarter from $74.5 billion in the second quarter.
Newrez, Rithm's mortgage subsidiary, recorded a pre-tax income of $245.9 million.
The country's largest issuer of Non-QM RMBS announced roughly $82 million in net income after $8.8 million in net income losses in the second quarter.
The company saw direct-to-consumer and broker originations rise but servicing revenues fall, as rates declined from July to September.