[Chart] FHA mortgage insurance boom in the works?

[Chart] FHA mortgage insurance boom in the works?

MBA notes impact of cutting MIPs

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks
Lending / The Ticker

CoreLogic net income rises 38.3% from last year

balance money and clock
/ Print / Reprints /
| Share More
/ Text Size+

CoreLogic’s (CLGX) third-quarter consolidated revenue totaled $405.5 million as the firm gained market share and experienced organic growth. The availability of acquisition-related revenue helped offset a drop in mortgage origination volumes and delinquent loan counts.

"CoreLogic delivered strong operating performance in the third quarter despite the sharp downturn in loan originations tied to refinancing and the continued drop in loan delinquency and foreclosure rates. Our success is the result of a relentless focus on building out our D&A and MOS segments, margin expansion and disciplined capital management," said Anand Nallathambi, president and CEO of CoreLogic.

Net income from continuing operations totaled $50 million, up 38.3% year-over-year, while diluted earnings per share from continuing operations totaled 52 cents, up 48.6% from the third quarter of 2012.

Recent Articles by Brena Swanson

Comments powered by Disqus