Hilltop 2016 Mortgage Earnings Down, Lending Up
Last year, mortgage production moved higher at Hilltop Holdings Inc. But earnings from the home-lending business turned sharply lower.
Impac Originations Tumble, Could Plunge in Q1
Quarterly home lending sank by over a fourth at Impac Mortgage Holdings Inc. and is likely plunging during the current quarter.
Growth in Caliber Home Loans' Servicing, Staffing
As has been the case for many lenders, quarterly originations slipped at Caliber Home Loans Inc. But servicing and staffing expanded.
Fairway's Annual Lending, Servicing and Staffing Up
Fairway Independent Mortgage Corp. experienced a year-over-year expansion in its home-lending volume, servicing portfolio and employee count.
Fannie's Annual Business and Earnings Increase
Income, mortgage-backed securities issuance and the book of business all grew last year at the Federal National Mortgage Association.
Annual Earnings, Business Up at Freddie
Annual earnings, secondary lending activity and loans outstanding all increased in 2016 at the Federal Home Loan Mortgage Corp.
PHH Mortgage Fundings Fall, Losses Balloon
Quarterly losses at the parent of PHH Mortgage soared past $200 million as home-lending volume fell. The company is transitioning into a smaller business.
Mortgage VP, SVP and EVP Appointments
Among a host of recent appointments at mortgage banking firms are a pair of regional vice presidents and variety of other home-lending executives.
Annual Mortgage Lending Up at Prosperity
Even though quarterly originations moved lower at Prosperity Home Mortgage LLC, an up tick was recorded for annual activity.
Growth in Guild Mortgage Servicing, Staff
Despite slowing loan production at Guild Mortgage Co., the company experienced growth in its servicing portfolio and its staffing.
California Leads Mortgage Job Expansion
A healthy quarterly expansion was recorded for employment in the residential lending industry. Faring best was the Golden State, though the Lone Star State also made impressive gains.