Rocket Companies, parent of Rocket Mortgage, raked in a profit, or net income, of $178 million on $1.3 billion in revenue in the second quarter, according to its earnings results released on Thursday, ...

Independent mortgage banks (IMBs) delivered a pretax net production profit of $950 per loan in the second quarter of 2025, rebounding from a $28 loss in the prior quarter. The improvement was fueled ...

Falling percentage of mortgage companies reporting a pre-tax net financial profit Independent mortgage banks (IMBs) and the mortgage divisions of chartered banks reported an average pre-tax net loss ...

SoFi Technologies (NASDAQ:SOFI) saw its stock trading lower on Wednesday, despite Wall Street analysts reiterating their ratings after the company reported stronger-than-expected second-quarter ...

TOMS RIVER -- OceanFirst Bank will layoff 114 employees in December, nearly all of them working on residential mortgages, and will partner with Embrace Home Loans to handle its residential loan ...