Tag Archives: Net Income

Delivering solid third quarter earnings while supporting the U.S. housing finance system, Freddie Mac reported net revenues at $5.7 billion, up 10% year-over-year, driven by higher net interest income and non-interest income.

With both Freddie Mac and Fannie Mae reporting their Q3 financials, click through to read the details and get insights from each GSE’s CEO.

Here’s a break down of how JPMorgan Chase and Wells Fargo performed in housing finance during the fourth quarter.

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

Arch Capital Group Ltd, the Bermuda-based financial services firm reported a net income of $203.5 million, a 9.9 percent annualized return on average common equity, compared to $62.4 million for the 2016 fourth quarter. The after-tax operating income to Arch ...

Selling $1.1 billion of performing modified and re-performing single-family loans, Freddie Mac marked its "fifth consecutive year of profitability."

The first quarter this year was not kind to non-bank mortgage servicers, earnings-wise and likewise, the industry has seen that the second quarter has not been so great, either.

Wells Fargo and Bank of America posted strong 2015 third quarter financial results, with net incomes reaching $5.8 billion and $4.5 billion, respectively.

JPMorgan Chase, one of the nations largest lenders, announced that their 2015 third quarter net income reached $6.8 billion, or $1.68 a share, up 22 percent year-over-year, according to the bank's earnings statement released Tuesday.