Fannie's Annual Business and Earnings Increase
Income, mortgage-backed securities issuance and the book of business all grew last year at the Federal National Mortgage Association.
Annual Earnings, Business Up at Freddie
Annual earnings, secondary lending activity and loans outstanding all increased in 2016 at the Federal Home Loan Mortgage Corp.
PHH Mortgage Fundings Fall, Losses Balloon
Quarterly losses at the parent of PHH Mortgage soared past $200 million as home-lending volume fell. The company is transitioning into a smaller business.
Mortgage VP, SVP and EVP Appointments
Among a host of recent appointments at mortgage banking firms are a pair of regional vice presidents and variety of other home-lending executives.
Annual Mortgage Lending Up at Prosperity
Even though quarterly originations moved lower at Prosperity Home Mortgage LLC, an up tick was recorded for annual activity.
Growth in Guild Mortgage Servicing, Staff
Despite slowing loan production at Guild Mortgage Co., the company experienced growth in its servicing portfolio and its staffing.
California Leads Mortgage Job Expansion
A healthy quarterly expansion was recorded for employment in the residential lending industry. Faring best was the Golden State, though the Lone Star State also made impressive gains.
Mortgage Jobs Continue to Expand
For the 10th month in a row, the size of the nation's mortgage workforce has expanded. Healthy job growth was reported for all industries.
Record Mortgage Originations at PennyMac
Quarterly and annual home-lending volume at PennyMac Financial Services Inc. climbed to the highest level ever achieved.
Home Lending Slows at Alaska USA FCU
Quarterly and annual mortgage production fell from the prior period at Alaska USA Federal Credit Union. Servicing and staffing, meanwhile, were little changed.
Movement's Annual Originations, Staffing Climb
In addition to boosting its annual home-lending volume by more than half, Movement Mortgage LLC added nearly a thousand employees last year.