Home >> Tag Archives: Earnings

Tag Archives: Earnings

Bank of America Reports Record Earnings in Q1

Growing consumer activity and a solid U.S. economy spurred a record growth in earnings for Bank of America in the first quarter of 2018, that exceeded market expectations. How did it’s lending business perform? Click through to learn more.

Read More »

The Home Appreciation Trade-Off

A new study found that a typical U.S. homeowner is gaining just a little less than the federal minimum wage, in home equity every working hour. Is it then a good idea to sit back and collect substantial hourly home equity “earnings” instead of working from 9-5?

Read More »

Freddie Mac Sees Decline, Pays $2.2B to Treasury

According to the enterprise’s recent financial results, Freddie Mac posted a net income of $2.2 billion for Q1 and will pay as much in dividends to the U.S. Treasury. The income is lower than Q4 2016, as are the agency’s single-family revenues, purchase volumes, and mortgage-related investments. Freddie attributed these declines to largely steady interest rates and low market spreads.

Read More »

BNY Mellon, S&T Share Q1 Earnings

BNY Mellon and S&T Bancorp both released their Q1 earnings reports on Thursday. Together, they represent a mixed bag of insights—particularly for the mortgage industry. While BNY Mellon’s residential mortgage earnings were down, S&T’s were up—both over the quarter and the year.

Read More »

Subscribe to MDaily

MReport is here for you to stay on top of important developments in the mortgage marketplace. To begin receiving each day’s top news, market information, and breaking news updates, absolutely free of cost, simply enter your email address below.