With company executives predicting that things will get messy in the U.S. real estate landscape over…
Tag: Earnings
Q2 mortgage volumes improve at Wells Fargo, JPMorgan and Citi
“Credit performance during the second quarter was consistent with our expectations,” Wells Fargo CEO Charlie Scharf…
In Q1 earnings, Longbridge parent expects reverse mortgage market to improve
Ellington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge Financial, reported that…
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…