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Home » Topics » Inside Mortgage Trends » Earnings

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Lenders Report Minimal Issues as Employees Work from Home

November 6, 2020
Brandon Ivey
Working from home is going pretty well for lenders, with some reporting increased productivity and only one out of 33 surveyed noting a reduction in profits.
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Signs of Life in Ginnie Mae MSR Sales? Maybe

November 6, 2020
Paul Muolo
The sale of Ginnie servicing rights have been anemic for two full quarters. But hope springs eternal the market might be reviving soon.
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LO Compensation Continued to Climb in Third Quarter

November 6, 2020
Maria Volkova
The number of LOs hired and coached increased by 19% year-over-year, according to LBA Ware.
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Banks Report 3Q20 Surge in Mortgage Banking Income

October 23, 2020
John Bancroft
Wells Fargo's huge increase in mortgage-banking income accounted for nearly all the gain reported by 19 publicly traded banks. Still, the second and third quarters of 2020 were incredibly lucrative for mortgage banking platforms. (Includes data chart.)
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IPOs from Nonbank Lenders Tout Profits, Growth Plans

October 9, 2020
Brandon Ivey
While AmeriHome, Caliber Home Loans and Guild Mortgage have noted strong profits and plans for growth, their business strategies differ widely.
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MSR Owner Fined for False Disclosures Regarding Impairments

October 9, 2020
Brandon Ivey
The holding company of Fulton Bank was hit with a $1.5 million fine by the SEC for misleading disclosures regarding MSR valuations in 2016 and 2017.
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Grapevine: S-1 Secrets Revealed / Caliber’s $20 Million Man

October 9, 2020
Paul Muolo
So, you want to be a publicly traded company? Be prepared to made disclosures that normally might never see the light day. Both good and bad.
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Home-Flipping Profits Increase in Second Quarter

September 25, 2020
Maria Volkova
Flipped houses represented 6.7% of all single-family homes and condos sold in the second quarter, down from 7.5% of all sales in the prior period. (Includes data chart.)
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Grapevine: All Aboard the IPO Plane / Made in Michigan

September 25, 2020
Paul Muolo and Brandon Ivey

Are some of the nation's largest nonbank home lenders pining to go public as originations toy with record volumes? Rumors abound.


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Banks Mark MSR Values to Lowest Level Since 2012

September 11, 2020
John Bancroft
The banking industry's aggregate portfolio of servicing for others was down slightly in the second quarter, although the top five players shed a combined $100 billion. (Includes data chart.)
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