Chase has made some significant changes to its mortgage banking division in the last few months, and those changes seem to be paying dividends.
Read More »Banks Bracing for Q2 Earnings Releases
For the most part, the nation's largest bank holding companies saw substantial profit declines in Q1. Starting next week, the industry will find out if the banks fared any better in Q2.
Read More »Fannie Mae Avoids Freddie Mac’s Q1 Fate
The Q1 financial results for Fannie Mae contained much better news than the report of its fellow GSE, Freddie Mac, earlier this week.
Read More »Nationstar Can’t Sustain 2015 Profitability in Q1
Nationstar was the only one of the three largest non-bank servicers rated by Moody's to turn a profit in 2015, but the Dallas-based servicer couldn't keep it up in the first quarter of 2016. What caused the net loss for Nationstar, and which segments of the company performed well in Q1?
Read More »Freddie Mac: No Draw on Treasury for Now, But. . .
Freddie Mac did not need to take a draw on Treasury after all despite all the speculation in the last week about the Enterprise's declining capital buffer. But Freddie Mac's financial report for Q1 did not contain all good news.
Read More »The Week Ahead: The GSEs and Their Dwindling Capital Buffer
The industry has been buzzing about the GSEs' lack of capital ever since FHFA Mel Watt identified it as a risk that is likely to escalate as long as the GSEs remain in conservatorship. What will the Q1 earnings reports for Fannie Mae and Freddie Mac bring?
Read More »Finally, a Bank that Increased Profits in Q1
While most of the nation’s largest banks and investment banking firms have struggled to exceed last year's Q1 profits in the first quarter this year, one bank finally managed to pull it off.
Read More »U.S. Bancorp Escapes Most Banks’ Q1 Fate
Most banks and other financial firms reported dismal first quarters compared to a year ago. U.S. Bancorp was different, however.
Read More »Headwinds Devastate Goldman Sachs’ Q1 Profits
Like nearly every financial firm that reported earnings for Q1, Goldman Sachs' profits took a major hit. What drove the decline?
Read More »Morgan Stanley Joins Earnings Slide Parade
Morgan Stanley became the latest financial firm to see its profits drop off in the first quarter. What drove the decline?
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