Weeks after announcing a round of layoffs, wholesale lender Homepoint disclosed a $73 million net loss in the second quarter of 2021. Homepoint, based out of Ann Arbor, Michigan, originated $25.5 ...

UWM reported net income of $314.5 million for Q2, with production volume reaching $39.7 billion. The gain on sale margin was 113 basis points, up by 19 basis points from the previous quarter. The MSR ...

Loan production hits $39.7B as AI tools, broker focus drive results United Wholesale Mortgage (UWM) delivered its strongest quarter since 2021, with loan production volume surging to $39.7 billion in ...

Its gross margin, a measure of profitability, widened to 31.1%, topping Wall Street expectations, and its operating income surged to €454 million. Revenue for the quarter increased 19% to €3.99 ...

United Wholesale Mortgage (UWM) ended 2023 as the top U.S. mortgage company, with more than $108 billion in home loans produced in the period, a record purchase volume and increased margins. It was ...

Canaccord Genuity analyst Susan Anderson initiated coverage on Nature’s Sunshine Products (NASDAQ:NATR) with a Buy rating and a price forecast of $18. The analyst highlights that the company’s ...

No-moat Volkswagen VOW reported second-quarter earnings per share of EUR 6.48, missing the EUR 7.66 FactSet consensus by EUR 1.18 and down EUR 0.98 from the EUR 7.46 reported last year. Even so, ...

Evli Oyj (HLSE:EVLI) posted net profit margins of 25.9%, down from 36.8% a year earlier, and recorded a one-off gain of €13.8 million that distorts a clear view of core performance. EPS growth has ...

Keihanshin Building (TSE:8818) reported a jump in its net profit margin to 24.6%, up from last year’s 17.5%, helped by a one-off gain of ¥1.9 billion. EPS growth over the past year hit 46.9%, a sharp ...

BERLIN (Reuters) - The record quarterly earnings which Volkswagen AG is set to report next week may mask more fundamental problems for the German auto maker. While a 5.8 percent increase in ...

Cloudflare NET is continuously improving its sales and marketing (S&M) efficiency. This is reflected in the declining S&M expense to revenue ratio, which has been on a constant decline for the past ...