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Earnings

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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

Fathom stays optimistic about agent compensation plan even as losses mount

May 13, 2025 by bp56691
Fathom stays optimistic about agent compensation plan even as losses mount
Fathom Holdings Inc. is under pressure to turn its business around, and its CEO thinks its new agent compensation model can do that.
Categories Brokerage, Earnings, Fathom Holdings, HWmember, Real Estate, Real Estate Agents

Robert Reffkin on Compass’s pre-marketing strategy: What’s the downside?

May 8, 2025 by bp56691
Robert Reffkin on Compass’s pre-marketing strategy: What’s the downside?
Compass’s market share has peaked, rising from 4.47% a year ago to 6% at the end of March, while its principal agent count jumped to 20,656.
Categories Brokerage, Clear Cooperation, Compass, Earnings, HWmember, Real Estate, Robert Reffkin

Rocket shifts focus to integration after Q1 growth in originations and M&A

May 8, 2025 by bp56691
Lower rates helped Detroit-based Rocket Companies improve its originations in the first quarter of the year, a period also marked by the announcement of two major acquisitions, Redfin and Mr. Cooper. 
Categories Earnings, HWmember, LendingLife, Mortgage, Mr. Cooper, Origination, Redfin, Rocket Companies, Rocket Mortgage

Zillow posts strong Q1, touts listing transparency and app traffic

May 7, 2025 by bp56691
CEO Jeremy Wacksman said the company remains on track to meet its full-year goals, including low- to mid-teens revenue growth.
Categories Clear Cooperation, Earnings, HWmember, Real Estate, Real Estate Listings, Rental Properties, Zillow, Zillow Premier Agent

Finance of America posts a profit, beats funded volume estimates in Q1 2025

May 7, 2025 by bp56691
Finance of America posts a profit, beats funded volume estimates in Q1 2025
One of the nation’s leading reverse mortgage lenders posted positive financial results in Q1 2025, leading to a rise in its share price.
Categories Earnings, Finance of America, Graham Fleming, HECM, HWmember, Reverse

eXp posts steady Q1 earnings, reinforces Clear Cooperation stance

May 6, 2025 by bp56691
eXp World Holdings, the parent company of eXp Realty, reported first-quarter 2025 earnings on Tuesday that highlighted modest growth in revenue, an assertive stance on real estate listing transparency and investments in artificial intelligence (AI).
Categories Brokerage, Clear Cooperation, Earnings, eXp Realty, eXp World Holdings, Glenn Sanford, HWmember, Real Estate

loanDepot’s Q1 revenue jumps 23% as Hsieh prepares to take the wheel again

May 6, 2025 by bp56691
Departing CEO Frank Martell characterized his final quarter of earnings with loanDepot as one of “positive momentum.”
Categories Anthony Hsieh, Earnings, HWmember, LendingLife, loanDepot, Mortgage, Mortgage Servicing, Origination
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