Florida-based Black Knight, Inc., a provider of software, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital markets verticals, announced unaudited financial results for the first quarter ended March 31, 2018. Revenues for the first quarter ...
Read More »Which Region Has the Best Return on Rental Investment?
With rising home prices and insufficient inventory hampering homebuyers in markets across the country, investment opportunities within the rental space are abundant. But which metros are the best places to invest? HouseCanary’s Canary Rental Index (CRI) for Q1 2018 shines ...
Read More »Nationstar Reports Strong Servicing Performance
Nationstar Mortgage Holdings Inc. announced its Q1 earnings on Thursday, with the company’s GAAP net income hitting $160 million for the quarter. That’s up significantly over Q4 2017, when Nationstar’s GAAP net income was reported at $41 million. On an ...
Read More »Fannie’s Earnings Recover
Fannie Mae released its Q1 financial statement Thursday. Overall, the news was good for the GSE. Fannie posted a net income of $4.3 billion, after taxes, in Q1. That's up from a $6.5 billion loss and a comprehensive loss of $6.7 ...
Read More »Ocwen Reports Q1 2018 Earnings, Highlights Debt Forgiveness
Atlanta-based servicer Ocwen Financial Corporation on Tuesday released the details of its earnings for Q1 2018, reporting a net income of $2.6 million for the three months ended March 31, 2018. This is up considerably over Ocwen’s Q1 2017 net ...
Read More »The City Where Foreclosures Are Skyrocketing
This past January, PropertyShark’s annual foreclosure report revealed that New York City saw a year-over-year increase in foreclosed homes scheduled for auction of 58 percent and year-over-year foreclosure increases in every borough except Manhattan. Now PropertyShark has released their Residential ...
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