Impac Mortgage Originations Improve
New residential loan originations improved at Impac Mortgage Holdings Inc. In addition, the mortgage banking firm's servicing portfolio expanded.
United Guaranty's Biz, Delinquency Tumbles
New quarterly business slowed at United Guaranty, while earnings at the mortgage insurance company were also down. Delinquency, however, was improved.
Mortgage Originations, Earnings Worse at Walter
Quarterly mortgage originations slumped, losses widened and staffing was down at Walter Investment Management Corp. But the servicing portfolio inched up.
No Draw Needed Despite Loss at Freddie
Although it suffered a first-quarter loss, the Federal Home Loan Mortgage Corp. will require no taxpayer funds. Delinquency fell to the lowest level since the summer of 2008.
Tennessee Bank Fails
A bank out of Tennessee has been seized by state regulators and closed down. Meanwhile, it was recently revealed that United Wholesale Mortgage's retail unit previously closed down.
PrimeLending's Mortgage Closings, Servicing Down
Residential loans originations softened on a quarter-over-quarter basis at PrimeLending. Also declining was the lender's mortgage servicing portfolio.
Solid Quarter at Genworth M.I.
Despite a dip in new business at Genworth Mortgage Insurance Corp., income improved, the book of business grew and delinquency declined.
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.