EXCLUSIVE: Morris Schneider Wittstadt officially files for Chapter 11 bankruptcy

EXCLUSIVE: Morris Schneider Wittstadt officially files for Chapter 11 bankruptcy

Mark Wittstadt: Butler & Hosch sale, Dustin Johnson lawsuit severely impacted firm

What to expect when you’re expecting a CFPB administrative action

A deeper look at PHH ruling reveals how the bureau views enforcement

Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

Plus the mortgage bond outlook, the NYT joins the GSE investor struggle, and more
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Items Tagged with 'Earnings'

ARTICLES

Stonegate earnings boosted by $2B MSR sale

First-quarter revenue increases 16%
Brena Swanson
Stonegate's first quarter revenues increased 16% to $44.3 million in the first quarter of 2015, largely thanks to a giant mortgage-servicing rights sale to a third party.
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Walker & Dunlop earnings skyrocket on record origination volume

Lender prepares for commercial mortgage refinancing wave
Brena Swanson
Walker & Dunlop posted a 198% increase in net income from first quarter 2014, and the lender sees even more opportunity in the future as it prepares for a commercial mortgage refinancing boom.
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Freddie Mac reports profit of $524M in first quarter

Marks fourteenth consecutive quarter of positive earnings
Trey Garrison
Freddie Mac reported net income of $524 million for the first quarter of 2015, compared to $227 million for the fourth quarter of 2014. The solid quarter is the 14th in the black for the government sponsored enterprise. Here's how it broke down.
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Nationstar Holdings posts $48.3M loss in first quarter

Lower servicing revenue proves heavy drag
Trey Garrison
Nationstar Mortgage Holdings reported a first-quarter loss of $48.3 million, after reporting a profit in the same period a year earlier. Here's what pulled down the Texas-based servicer to a performance well below expectations.
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Realogy Holdings reports $1.1B revenue in 1Q

Earnings per share loss better than expected
Trey Garrison
Realogy Holdings Corp. reported a first quarter loss of $0.22 per share, still $0.02 better than analyst expectations of a $0.24 loss as revenues rose 5.5% year over year to $1.1 billion.
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Radian 1Q earnings boosted by stronger mortgage credit trends

Beats earnings estimates
Brena Swanson
Although Radian’s first-quarter net income dropped to $91.7 million, from $146.0 million a year ago, the mortgage insurance company’s CEO says the company has finally turned a corner.
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HomeStreet sees easy earnings beat in 1Q

Fee and net interest income boosted
Trey Garrison
HomeStreet saw an outstanding first quarter with an easy earnings beat after it closed the Simplicity merger, saw net interest income expanded, posted a big fee income boost, and saw its efficiency ratio improved again.
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Flagstar beats 1Q income expectations on strong mortgage volume

Revenue up on improved gain on sale margins
Trey Garrison
Mortgage volume increases for Flagstar, providing a solid tail wind as the company also sees revenue growth after the company reworked its approach to mortgage origination.
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D.R. Horton reports $147.9M net income in 2Q on strong orders

Builder sees 33% surge in orders in first part of 2015
Trey Garrison
The nation's largest homebuilder surprised in its first quarter with gains and now with its second-quarter report it beat analyst expectations and will please its shareholders. Here's what happened.
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SunTrust earnings rise in first quarter

Lower expenses offset lower revenue
Brena Swanson
SunTrust experienced a good start to the year, with its first-quarter profit rising thanks to growth in noninterest income. SunTrust posted a fourth-quarter net income of $378 million, or $0.72 per average common diluted share, which included a $145 million mortgage-related legal provision.
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