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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Most Recent Earnings News
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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Mortgage
Citi’s revenues rise amid growth across all business lines
Jul 12, 2024This is a developing story. Please check back here for updates. Citigroup on Friday reported an uptick in revenues as...
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