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Earnings

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Reverse mortgage lenders log Q2 profits amid home equity, AI push

August 25, 2025 by bp56691
The publicly traded companies in the reverse mortgage space were largely profitable in the second quarter of 2025, despite a challenging macroeconomic backdrop. 
Categories Artificial Intelligence, Earnings, Ellington Financial, Finance of America, Home Equity, HWmember, LendingLife, Mortgage, Onity Group, Reverse, Reverse Mortgage Daily

Guild’s profit rebound and rising refi recapture bolster Bayview bid

August 11, 2025 by bp56691
Guild reported net income of $18.7 million for the second quarter of 2025, reversing a $23.9 million loss in the prior quarter.
Categories Earnings, Guild Mortgage, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Origination

With Hsieh in the driver’s seat, loanDepot posts revenue of $283M

August 7, 2025 by bp56691
loanDepot grew originations 30% and cut expenses in Q2 2025, narrowing its net loss as founder Anthony Hsieh resumed CEO duties
Categories Anthony Hsieh, Earnings, HWmember, LendingLife, loanDepot, Mortgage, Origination

Zillow wants to be the hub for consumers and agents

August 6, 2025 by bp56691
Zillow Group posted double-digit revenue growth and $2 million in net income in Q2 2025 despite a relatively slow housing market.
Categories Clear Cooperation, Earnings, HWmember, Real Estate, Real Estate Listings, Zillow, Zillow Premier Agent

Douglas Elliman doesn’t want private listings to be the norm

August 4, 2025 by bp56691
Despite a slow second quarter, Douglas Elliman recorded its strongest first half of the year since 2022.
Categories Clear Cooperation, Douglas Elliman, Earnings, HWmember, Real Estate

Rocket returns to profitability in Q2, yields early benefits from Redfin deal

July 31, 2025 by bp56691
Rocket Companies has returned to profitability despite a challenging second quarter for the mortgage industry, marked by economic uncertainties in the U.S.
Categories Earnings, HWmember, LendingLife, Mortgage, Origination, Rocket Companies, Rocket Mortgage, Varun Krishna

Compass posts record performance in Q2

July 30, 2025 by bp56691
Compass reported a 21.1% year-over-year revenue jump to $2.06 billion in the second quarter, with total transactions rising 20.9%.
Categories Compass, Earnings, HWmember, Mergers and Acquisitions, Real Estate, Robert Reffkin

PennyMac, the top dog in correspondent, says its broker business is booming

July 22, 2025 by bp56691
PennyMac said that over 5,100 brokers are approved to do business with the lender, up 19% year over year.
Categories Earnings, LendingLife, Mortgage, Mortgage Servicing, PennyMac, Servicing

Homebuilders are weathering the trade war — for now

July 22, 2025 by bp56691
Homebuilders are weathering the trade war — for now
So far, major homebuilders have weathered the trade war, as D.R. Horton and PulteGroup said that tariffs have not heavily impacted them.
Categories Buydown, D. R. Horton, Data & Visuals, Earnings, Homebuilders, Housing Market, HWmember, New Home Sales, PulteGroup, Tariffs

FOA president talks business progress amid strong Q1 earnings

May 14, 2025 by bp56691
FOA president talks business progress amid strong Q1 earnings
FOA President Kristen Sieffert highlighted some of the company’s business progress in Q1, new marketing moves and an executive promotion.
Categories Earnings, Finance of America, Finance of America Reverse, HWmember, Marketing, Reverse
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