Items Tagged with 'Earnings'


CoreLogic bet on property valuations pays off big time

3Q earnings are in and they are pretty
Third quarter reported revenues totaled $524 million compared with $386 million in the same 2015 period. That year-over-year increase of 36% is driven primarily by its valuation solutions business, which started booming back in the second quarter.
Read More

SunTrust sees strong mortgage growth in Q3

Net income sees quarterly and annual decline
SunTrust saw its revenue grow in the third quarter driven, in part, by an increase in mortgage banking. This may not be surprising, but the bank’s delinquency portfolio, on the other hand, seems to run against the current trend.
Read More

Bank of America earnings boosted by increase in mortgage banking

Improves mortgage servicing and lending
Bank of America earnings increased from last year and last quarter. The bank’s decreased expenses can be credited in part by the reduced costs of mortgage servicing. Several reports also put the primary earnings surge down to rising income from fixed securities trading, primarily in the bond market.
Read More

JPMorgan Chase beats 3Q16 revenue expectations

Company sees record loan balances in asset management
JPMorgan Chase beat its revenue expectations in the third quarter this year, with mortgage loan growth serving as the driving factor. Consequently, the company saw a significant increase mortgage banking revenue.
Read More

Stonegate Mortgage revenue up 432% in Q2

But still making up ground from last year's numbers
While Stonegate Mortgage improved significantly from last quarter, it is still far below its earnings from last year. Two major factors played into the fall from last year, and the ongoing recovery.
Read More