Fannie's New Business at 5-Month High
Business rose to the highest level in five months at the Federal National Mortgage Association, while delinquency fell to a nearly eight-year low.
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.
Ocwen Can't Foreclose on Some Loans
Ocwen Financial Corp. has been told to hold off on foreclosures for a group of distressed borrowers who weren't properly notified about loan modification denials.
New Business, Losses Down at National MI
National Mortgage Insurance Corp. cut its losses in the latest quarter. But the mortgage insurance company also saw a reduction in its new business.
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.
New Business, Book Down at Radian
The quarterly amount of new insurance written was down at Radian Guaranty Inc., as was its book of business. But delinquency improved.
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.
Guild Mortgage Fundings Fall, Servicing Grows
Even though home-loan production was down on a quarter-over-quarter basis at Guild Mortgage Co., the lender's residential loan servicing portfolio continued to expand.