Huge Ocwen Loss as Originations, Servicing Off
Quarterly home lending slipped at Ocwen Financial Corp. but is likely way up for the current period. The company reported a huge loss, while servicing subsided.
EverBank Home Lending Drops, Could Bounce Up
Like most home lenders so far this earnings season, quarterly mortgage originations declined but could rise based on new application volume at EverBank Financial Corp.
HomeStreet Origination Slip, Servicing Up
Residential loan originations during the first quarter declined from the final-three months of last year at HomeStreet Inc. But the servicing portfolio grew.
Flagstar Mortgage Originations Up, Servicing Slips
Quarterly home lending grew at Flagstar Bancorp Inc., and indications are that further improvement is ahead. The mortgage servicing portfolio decreased.
GSF Mortgage Executives Tout Employer
A home lender from the Milwaukee area relies on a close-knit environment to maintain harmony among its 230 employees.
SunTrust Originations Hold, Servicing Grows
SunTrust Banks Inc. maintained its quarterly pace of mortgage originations while expanding its servicing portfolio and growing its residential assets.
BBT Originations Edge Up, Servicing Slips
Quarterly mortgage originations were slightly higher than three months prior at BB&T Corp., though the mortgage investment and servicing portfolios were slightly lower.
US Bank Home Lending Dips, Assets, Servicing Up
Despite a quarterly dip in mortgage originations at U.S. Bancorp, the financial institution's mortgage servicing portfolio and residential assets expanded.
Senior Mortgage Managers Shuffled
A new top executive was recently named to a government-sponsored enterprise. Outside the c-suite, a number of mid-sized and small mortgage firms have filled a variety of executive positions across the country.
New CEO at Stonegate Mortgage
A permanent replacement has been found for Stonegate Mortgage Corp.'s top executive position after more than six months with an interim leader.
Mortgage Originations Rise at First Republic
First Republic Bank is among the only lenders so far to report a quarterly increase in mortgage production. In addition, assets and servicing grew.