Recap: Mortgage lenders bounce back to profits in Q1

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Despite a disheartening interest rate and refinancing environment, a majority of publicly traded mortgage companies from lenders to tech firms reported their return to the black after losses closing out 2023. 

Still, many companies are reworking their strategies in an attempt to stay profitable, looking to keep consumers motivated to use their services when making moves, or when rates drop, refinance their mortgages.

Here are the first quarter results from across the industry explained:

These articles were reported by Brad Finkelstein, Bonnie Sinnock, Spencer Lee, Maria Volkova and Andrew Martinez.