Items Tagged with 'Originations'

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PennyMac pretax income drops 61%

CEO: Mortgage banking sensitive to interest rate changes
PennyMac’s pretax income dropped significantly. However, the company CEO explains the reasons and says the company continues to see solid growth trends. Originations and unpaid principal balance both saw significant increases from last quarter.
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RealtyTrac: Mortgage lending rose 17% in first quarter

Low interest rates lead to big jump in refinances
Thanks in large part to the continually low interest rate, mortgage originations rose 17% year-over-year in the first quarter, according to a new report from RealtyTrac. Unsurprisingly, refinances led the way. Here's how it all broke down.
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Impac comes roaring back

Stock soars on earnings news
A tremendously positive earnings report sent Impac Mortgage Holdings’ stock soaring on Friday. The company isn't back to its pre-crisis heights, but it's on its way.
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