Company boosts purchase share, gains traction on refinance recapture while gearing up for tech-fueled growth
Tagged: Q2 2025 earnings
Q2 earnings reflect sharp rebound in originations, profitability, and a new chapter under Bayview Asset Management
Loan production hits $39.7B as AI tools, broker focus drive results
Company sees sharp EPS miss but points to improved delinquency rates, high-yield Non-QM loan purchases
REIT increases ownership by 21.4% in Non-QM and TPO-focused lender, positions for 2026 earnings lift
Loan volume grows 18% to $29.1 billion, but profit drops to $34 million
Single-family business up more than 10% YoY, with notable increase in refi share
GSE’s liquidity, cost cuts, and credit quality hold steady even with sluggish spring market; regulatory capital still $29B too low
Parent company Rithm Capital’s CEO touts third-party servicing growth, tech efficiencies, doubling of Non-QM production forecast
Home equity drives growth in direct-to-consumer and correspondent channels as Rocket merger planning ramps up