Volume 18 - Number 16
August 8, 2014
Downloads Available: Mortgage Earnings Snapshot - 2Q14
Nonbank Lenders Show Mixed Results, Track Industry’s 2Q Earnings Rebound
Nonbank mortgage companies reported mixed results in the second quarter of 2014, according to a new analysis by Inside Mortgage Trends. A group of seven publicly traded nonbank lenders more than doubled their income compared with the first quarter, mostly because of an outsized gain at Nationstar Mortgage and lower losses at PHH Mortgage. Midway through the year, the group’s mortgage banking income was down 64.7 percent from ... [Includes one data chart]
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