Tag Archives: Earnings

With both banks "exceeding expectations" in Q1, Wells Fargo and JPMorgan's CEOs discuss what led to Q1's growth across mortgage lending and more.

Freddie Mac reported strong and stable third-quarter earnings. Here are the factors that have driven the GSE’s growth during its decade under conservatorship.

Black Knight announced its Q2 earnings recently along with its results for the first half of the year. Here are the details.

Fannie Mae’s earnings are up, and its delinquency rates have returned to their downward slide after a hurricane-driven increase late last year. Here are the details.

At the end of the first quarter, National MI had primary insurance-in-force of $53.4 billion.

With new leadership and new earnings in the third quarter, Bank of New York Mellon Corp. reports a net income of $983 million.

Though Freddie Mac’s net income was lower this quarter than last, the GSE will still pay $2.2 billion in dividends to the U.S. Treasury for this quarter, according to its recent financial results report. The agency saw single-family revenues, purchase volumes, and mortgage-related investments all decline for Q1. These declines, according to Freddie Mac CEO Donald Layton, were due to steady interest rates and low market spreads

The Q4 earnings statements of U.S. Bancorp and Citigroup reported very different results for their mortgage sectors.

The recent rise in mortgage interest rates has taken a cut from the mortgage banking lines of three of the largest banks, but the news was not all negative.

Bank of America, JPMorgan Chase, PNC, and Wells Fargo posted solid revenues to end 2016, though net income was down for two of them, according to the banks' latest earnings reports. How did mortgage income fare at these institutions?