Q3 was the first profitable quarter overall of 2016 for Nationstar Mortgage. What was the reason for the turnaround?
Read More »Freddie Mac: The News is All Positive
Freddie Mac's earnings sailed through some rough waters late last year and early this year. But there was no sign of that in Q3's earnings report.
Read More »Ocwen’s Financial Fortunes Turn Around in Q3
Ocwen reported its first quarterly profit in more than a year. What was the reason for the turnaround?
Read More »Soaring Mortgage Revenue Gives U.S. Bancorp a Push
The banking industry is currently facing steady headwinds, but that did not stop U.S. Bancorp from a profitable third quarter.
Read More »Mortgage Production Drives BOA’s Q3 Profits
Bank of America managed to escape the fate that befell several other banks in the third quarter.
Read More »Banks’ Profits Fly South for the Winter
What was behind the year-over-year declines in profits that JPMorgan Chase, Citigroup, and PNC Financial Group all experienced in Q3?
Read More »For Now, Wells Fargo’s Earnings are Solid
It has been a tumultuous week for Wells Fargo that included a leadership change at the top. It remains to be seen how these changes will affect Q4 profits, but as for Q3, the bank turned in a solid report.
Read More »The Week Ahead: Will Banks Be in the Money?
The industry is preparing for the release of third quarter earnings statements for the country's largest banks this week.
Read More »Real Estate Firms’ Outlook is Positive Despite Headwinds
Inventory is down and prices are up, yet real estate firms are confident in their ability to be profitable over the next year.
Read More »Outlook is Much Brighter for Lender Profits
Q3 marked the third straight quarter in which lenders reported a net positive profit margin outlook, according to Fannie Mae. Notably, compliance costs were less of a concern among lenders compared with Q3 last year.
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