Loandepot narrows losses as CEO Hsieh mulls turnaround
Aug 7, 2025Some of Loandepot’s finances are moving in the right direction but the company remains mired in the red. The lender...
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Most Recent Earnings News
Mortgage
MGIC, Essent, Enact, Radian, NMI, Arch report 1Q25 profits
May 11, 2025A similar share of consumers used private mortgage insurance as credit enhancement in the first quarter compared with the prior...
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Mortgage
Flagstar pins the success of its turnaround on C&I growth
Apr 25, 2025UPDATE: This article includes additional information from Flagstar’s first-quarter earnings call. Joseph Otting, the chairman and chief executive of Flagstar...
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Mortgage
Fifth Third CEO: Deregulation will up competition for banks
Apr 17, 2025Banks are still optimistic that deregulation under the Trump administration will help offset some of the recent turbulence from recent...
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Mortgage
Angel Oak eyes non-QM growth if Trump GSE plan advances
Mar 4, 2025President Trump’s proposal to privatize the government-sponsored enterprises will present promising opportunities for non-QM growth if it materializes, leaders in...
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Mortgage
Loandepot returns to profit in Q3, unveils new strategic plan
Nov 6, 2024Loandepot saw its financial wherewithal bounce back into the black in the third quarter, after reporting losses since the beginning...
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Mortgage
Wells Fargo nearing ‘trough’ in deposit costs after Fed rate cut
Oct 13, 2024UPDATE: This article includes new comments from Wells Fargo’s earnings call and analyst commentary on the bank’s results. The deposit...
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Mortgage
Mortgage-related loss grows at Remax in 2Q
Aug 10, 2024Remax Holdings reported higher mortgage revenue year-over-year in the second quarter but the non-GAAP loss for the segment also rose....
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Mortgage
Waterstone Mortgage has best quarter in two years
Jul 27, 2024Waterstone Mortgage reported a second consecutive quarter of profitability, although management at its parent company cautioned about the macro environment...
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Mortgage
Bank of America beats analysts’ expectations despite dip in profits
Jul 16, 2024During the second quarter, Bank of America recorded $6.9 billion in net income, down more than 6% from the same...
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