Mortgage Servicing Grows at Quicken Loans
Staffing Expands at loanDepot
An expansion in the size of its residential loan servicing portfolio was reported by Quicken Loans Inc. Originations, meanwhile, retreated.
As has been the trend this earnings season, mortgage originations declined on a quarter-over-quarter basis at loanDepot LLC. But the payroll grew.
Earnings Improve, Book Expands at Radian
Despite retreating new business at Radian Group Inc., earnings improved, the book of business expanded and loan performance was better.
Mortgage Lending, Servicing Sinks at Hilltop
Quarterly home lending was much slower at Hilltop Holdings Inc. Also tumbling was the size of the financial institution's mortgage servicing portfolio.
Big Drop in HomeStreet Mortgage Originations
HomeStreet Inc.'s quarter-over-quarter decline in residential lending was at the high end of the industry. Mortgage servicing, however, grew.
Refinances Drive Up Mortgage Applications
A week-over-week, rate-driven surge was recorded for mortgage refinance applications, more than offsetting a decline in applications for loans to finance a home purchase.
Flagstar CEO Running Mortgage Business
The chief executive officer of Flagstar Bancorp Inc., himself, is jointly running the bank's mortgage banking business until a permanent replacement is found, the earnings report said.
Servicing, Staffing Expand at Guild Mortgage
Although home lending slowed at Guild Mortgage Co., the size of the servicing portfolio and payroll were up from the prior quarter and a year prior.