UWM Holdings put out a press release late on March 9, which it said was timed in advance of the Two Harbors shareholder meeting for its acquisition, scheduled for March 16. Processing Content “Even without the Two Harbors transaction, we now expect our total revenue for the first quarter of 2026 to be between $800 […]
UWM boosts 2026 revenue outlook ahead of Two Harbors vote Read More »
Planet Financial Group was able to achieve its annual growth rates of 58% in its originations business and 21% in its servicing portfolio organically. Processing Content The company, which did several acquisitions in recent years, achieved the 2025 growth on its own, Michael Dubeck, CEO and president of Planet Financial said in an interview. “To
Planet Financial grows 58% in originations, 21% servicing Read More »
Rocket Companies Inc. wrapped up 2025 with higher revenues and growing mortgage activity, the company reported Thursday in its fourth-quarter and full-year 2025 earnings report. For the full year, Rocket reported total revenue of $6.7 billion and a GAAP net loss of $234 million, or $0.05 per diluted share. On an adjusted basis, revenue was
Rocket grows revenue to $6.7B, expands market share in 2025 Read More »
Last quarter, Hovnanian Enterprises posted weak results, reporting a net loss that sent its stock (HOV) price crashing. Three months later, the company appears to have bounced back as it executes a strategic shift, but warning signs persist. Hovnanian Enterprises, the parent company of K. Hovnanian Homes, beat Wall Street expectations by reporting $20.9 million
Hovnanian recalibrates amid a shift to a higher-margin mix Read More »
Figure Technology Solutions confirmed an anticipated consecutive-quarter drop in earnings but reported that its numbers were up compared to a year ago, before it went public. Processing Content The blockchain-based capital marketplace for consumer loans and crypto assets generated $15.2 million in earnings for the fourth quarter of 2025. That number was up 156% from
Figure Technology earnings dip after IPO costs Read More »
Rocket Cos. ended what has been a monumental year for the company with significantly reduced fourth quarter earnings contributing to a loss for all of 2025. Processing Content GAAP net income of $68 million compared with a net loss of $124 million in the third quarter but net income of $649 million in the fourth
Rocket’s acquisitions lift Q4, 2025 still down Read More »
United Wholesale Mortgage produced nearly $50 billion in loans during the fourth quarter, as its parent company ended the period with substantially higher net income than the comparable quarters. Processing Content UWM Holdings reported fourth quarter GAAP net income of $164.4 million. This included a $28.8 million markdown on its mortgage servicing right portfolio. In
UWM production nears $50 billion on strong refi quarter Read More »
Opendoor may have lost $1.3 billion in 2025, but company executives say the iBuyer is back on track to becoming a profitable business. On an earnings call with investors and analysts Thursday evening, Opendoor CEO Kaz Nejatian called his company’s fourth quarter and full-year 2025 earnings “good.” During the fourth quarter of 2025, Opendoor reported
Opendoor posts $1.3B loss in 2025 but sees path to profitability Read More »
For REMAX, U.S. agent count remains a challenge, even as the company reported a larger net income in 2025 than it did in 2024, according to an earnings report published on Thursday evening. In 2025, REMAX reported a net income of $8.2 million, up from $7.1 million. This increase came despite revenue for the year
REMAX posts higher 2025 net income despite U.S. agent drop Read More »
Key insight: New York’s Medallion Financial is counting on a newly hired home-improvement lending team to boost loan growth in 2026. Supporting data: At the one-time taxi lender, medallion loans now comprise less than 1% of total loans. Expert quote: “The last five years, we’ve made more than we have in the first 85 combined.
Medallion stresses home improvement to drive 2026 growth Read More »