The banks that released their third quarter earnings reports all saw year-over-year declines in profits, but a couple of them fared better in mortgage banking.
Read More »Wells Fargo: Q3 Earnings Calm in the Midst of the Storm
The tumult Wells Fargo experienced in Q3 did little to impact its earnings report for the quarter.
Read More »Permanent Loan Modifications Rise Higher in Q2
HOPE NOW recently released its Q2 2016 data, and it reported over 100,000 permanent modifications completed during the past quarter.
Read More »Non-Bank Servicers Fall Short For Q2
Continuing an unfortunate trend for non-bank mortgage servicers in the second quarter of 2016, Walter Investment Management reported a net loss for the three-month period ending June 30, 2016.
Read More »The Week Ahead: What Does Q2 Hold For Walter Investment?
With Walter Investment Management Corp.taking a loss during Q1 and both Ocwen Financial Corp. and Nationstar Mortgage Holdings reporting net losses for Q2, all eyes will fall on Walter to see what their Q2 earnings report holds.
Read More »Fannie Mae’s Earnings Rise Even Higher for Q2
Fannie Mae's Q2 earnings report still contained several positives, among them liquidity provided to the mortgage market and credit risk transfer, despite a year-over-year decline in profitability.
Read More »Ocwen Remains Positive Despite Another Quarterly Loss
Legal expenses as a result of the Fisher cases make an impact on Ocwen's second quarter earnings.
Read More »Morgan Stanley Bounces Back From Rocky Q1
Following a difficult first quarter, Morgan Stanley welcomed the news that the investment banking firm’s net income rose substantially and beat expectations.
Read More »The Ups and Downs of Goldman Sachs Two Quarters
The first and second quarters of 2016 told different stories for Goldman Sachs with regards to earnings and overall business operations.
Read More »Banks Report Solid Mortgage Activity in Q2
As demand for mortgage loans rises and underwriting standards slowly ease, many banks reported increasing mortgage activity in their Q2 earnings reports.
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