Genworth Mortgage. Group CEO Tidjane Thiam said the bank will be reducing expenses further and cut 2,000 more jobs from its Global Markets division as the lender faces a 40% to 45% drop in trading.

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OnDeck® (NYSE: ONDK) today announced first quarter 2017 financial results, additional planned cost savings, and a target to achieve GAAP profitability in the second half of 2017. Loans Under Management increased to $1.2 billion , up 25% from the comparable prior year period, driven primarily by the growth of originations over the period.

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2 days ago · The VA’s share of the low down payment residential mortgages that were subject to FHA, VA, USDA or primary private mortgage insurance was 23.4% in the first quarter.

The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.44 percent of all loans outstanding as of the end of the second quarter of 2011, an increase of 12 basis points from the first quarter of 2011, and a decrease of 141 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National.

Delinquency rates also dropped for all types of loans but were significantly lower for mortgage holders. "If you have a mortgage, that’s highly correlated with having a lower credit delinquency rates on all types of credit," added Bond.

This compared to a net profit to common shareholders of $0.89 per share for the first quarter. Total mortgage banking income declined $2.6 million due to a loss on a hedge on the multi-family.

Delinquencies Decline in Latest MBA Mortgage Delinquency Survey. May 16, 2017. WASHINGTON, D.C. (May 16, 2017) – The delinquency rate for mortgage loans on one- to four-unit residential properties decreased to a seasonally adjusted rate of 4.71 percent of all loans outstanding at the end of the first quarter of 2017.

Genworth First Quarter 2017 Earnings 1Q in line with expectations; 2017 guidance unchanged (SYDNEY) 3 May 2017 – Genworth Mortgage Insurance Australia Limited (Genworth or the Company) (ASX: GMA) reported statutory1 net profit after tax (NPAT) of $52.2 million and underlying2 NPAT of $68.3 million for the quarter ended 31 March 2017.

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