Tagged: quarterly earnings

Newrez, Rithm's mortgage subsidiary, recorded a pre-tax income of $245.9 million.

Mr. Cooper's servicing portfolio ended the third quarter at over $1.2 trillion

Better's Q2 2024 revenue was approximately $31 million, an increase of 41% from Q1 2024.

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

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

The company announced concurrently its decision to purchase Flagstar Bank's servicing and TPO operations for $1.4B.

The company more than doubled the $39.3 million of earnings it generated in the first quarter.

Joins other large U.S. banks in beating analyst expectations.

Results from 2 of the nation's largest banks beat analysts' expectations.

CEO says stock is undervalued, sees opportunity to 'further diversify our business model.'