Ellington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge Financial, reported that…
Tag: Earnings
Compass CEO Reffkin believes agents will still be valued in a post-settlement world
Robert Reffkin is confident that Compass and its agents have what it takes to continue growing…
Redfin’s losses grow amid difficult market conditions
Redfin showcased pockets of growth in the first quarter of 2024 despite challenging housing market conditions.…
Ocwen improves overall reverse mortgage performance despite volume contraction
Ocwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall…
Rocket delivers $291M profit amid improved margins and MSR acquisitions
Rocket Companies, the parent of Rocket Mortgage, delivered a profit in the first quarter of 2024 through…
CoStar Group finds success through the sale of Homes.com memberships
CoStar Group reported a strong first quarter of 2024, with its revenue of $656 million marking…
BofA’s mortgage production falls in Q1
Bank of America (BofA) reported another quarterly decline in mortgage and home equity production in the first…
Mortgage volumes remain under pressure at Wells Fargo, JPMorgan
Wells Fargo and JPMorgan Chase usually open the quarterly earnings seasons in the mortgage space, giving analysts something to chew on…
Blend narrows loss in 2023, projects confidence in achieving profitability this year
California mortgage tech firm Blend Labs narrowed its loss in 2023 by expanding its consumer banking…