UWM Beats Rocket To Become Top U.S. Mortgage Originator
Reports strong Q3 earnings, with net income and overall originations up from Q2.
Reports strong Q3 earnings, with net income and overall originations up from Q2.
Loan originator and servicer saw earnings fall 25% from 2Q, but mortgage servicing portfolio grew.
Second-largest U.S. bank's earnings results beat analysts expectations.
Hurt by operating losses due to legal & regulatory issues, and by falling mortgage originations.
While net income also fell from previous quarter, results still beat analysts expectations.
What can we read into Fannie Mae’s first quarter earnings? We talk to editor David Krechevsky.