Better's Q2 2024 revenue was approximately $31 million, an increase of 41% from Q1 2024.
Tagged: quarterly earnings
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.'
Posts $411m loss in Q1, slight improvement from $493m in Q4, as CEO Jay Farner says goodbye.
JPMorgan Chase, Wells Fargo results both beat analyst expectations.