|
|
|
|
|
|
Complete list of specialty news sections
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.
Reach mortgage executives, loan originators and other people tied to mortgage industry.
Free mortgage news for prospective borrowers.
Free e-mail newsletter with the latest headlines from MortgageDaily.com.
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.
Archive of MortgageDaily.com stories by month going back to 1999.
Reports and announcements from MortgageDaily.com.
Data and statistics for real estate finance.
Directories of lenders, branch operators and mortgage service providers.
Directories of lenders, branch operators and mortgage service providers.
|
|
|
|
|
Origination News | Lender Ranking | Fundings by Lender | Statistics
Quarterly residential mortgage production by lender. Subprime, Alt-A, home equity and conforming originations. Volume by quarter since 2003.
|
| Performance Weakens at PHH
Q2 residential originations of 8% from Q1
Aug. 7, 2012
By MortgageDaily.com staff
|
Earnings eroded, delinquency deteriorated and originations eased at PHH Mortgage. But year-over-year performance improved, and the mortgage servicing portfolio grew. As mortgage insurers are hit with a growing number of lawsuits and federal investigations over captive reinsurance arrangements, PHH disclosed that it terminated a mortgage reinsurance agreement at a loss.
Second-quarter mortgage loan closings came in 8 percent lower than production during the first quarter, according to earnings data released late Tuesday by PHH Corp. But fundings improved 32 percent from the second-quarter 2011.
Retail originations accounted for 86 percent of second-quarter volume, while the wholesale-correspondent channel generated 14 percent of new business. |
subscribers read full story
subscribe & read story now
PHH profile
current headlines
browse free headlines by subject
|
Corporate Mortgage News
M e r g e r s, a c q u i s i t i o n s and private and public offerings. Other corporate activity including executive appointments, bankruptcies name changes.
|
|
|
Refinance News | Refinance Share Statistics
News about refinancing programs, pricing and production. Stories about the H o m e
Affordable Refinance Program, H A R P 2.0 and other Making Home Affordable coverage.
|
Mortgage Insurance News | Mortgage Insurance Statistics
News about mortgage insurance issuance, defaults and litigation
|
|
|
