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Tagged: Earnings

Rocket Maintains Profitability In Q2, Loan Volume Rises

Results show year-over-year growth in earnings and origination volume

Analysis and Data
Aug 04, 2024
Freddie Mac Posts Net Income Of $2.8 Billion For Q2 2024

The GSE's net income represented a decrease of 6% year-over-year.

Analysis and Data
Aug 01, 2024
REIT Reports 13 Whole Loan Securitizations YTD, Totaling $6.7 Billion

Annaly remains the largest sponsor of Non-QM securities in Q2 2024

Wholesale
Jul 31, 2024
Rithm Capital Corp. Reports Net Income Of $213.2 Million In Q2 2024

Newrez, Rithm's mortgage company, recorded an origination and servicing segment pre-tax income of $247.7 million.

Analysis and Data
Jul 31, 2024
loanDepot Reports Eighth Consecutive Quarterly Loss

Originator reports a quarterly net loss of $72 million on revenues of $223 million as first-quarter origination volume declines 8% year over year.

Analysis and Data
May 08, 2024
Rocket Blasts Off In Q1, Back To Profitability

CEO Krishna looks to capitalize on consolidation in this "winner-takes-all market"

Analysis and Data
Wholesale
May 03, 2024
GSEs Report Strong Earnings

Robust performance marks growth for both Fannie Mae and Freddie Mac, despite a dip in home purchases.

Industry News
Feb 15, 2024
In Recovery, Mixed Fortunes For Nation’s Largest Lenders

Earnings snapshot shows ongoing cuts, servicing stemmed the bleeding amidst higher rates.

Analysis and Data
Nov 30, 2023
Guild Mortgage Profits Surge In Q3 Despite Market Challenges

Leveraging strategic acquisitions and a focus on purchase loans, Guild Mortgage defies industry downturn with robust profit growth and an aggressive market share expansion strategy.

Industry News
Nov 09, 2023
Angel Oak Mortgage REIT Reports Mixed Q3 Earnings

Despite a divergence in net income and distributable earnings, Angel Oak REIT declares a stable dividend and touts a solid increase in net interest margin.

Industry News
Nov 09, 2023
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