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.
Former Executives of Big Mortgage Firms Recruited
Some smaller and younger mortgage banking organizations have recruited former executives from large, more established home lenders.
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.
Ocwen Losses, Servicing and Originations Down
Ocwen Financial Corp. cut its quarterly losses. Also retreating was residential lending volume and the mortgage servicing portfolio.
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.
Nationstar Earnings Soar, Servicing Portfolio Grows
Despite a drop in quarterly loan production, Nationstar Mortgage Holdings Inc.'s servicing portfolio grew and earnings exploded.
Buyer Found for PHH's Jacksonville PLS Unit
A buyer has emerged for PHH Mortgage Corp.'s private-label services operation that is located in Jacksonville, Florida.
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.