Reports Q1 revenue $231M, consensus $370.92M. Reports Q1 tangible book value per share 56.72. Chairman and CEO Jay Bray commented, "Thanks to our balanced business model we produced strong operating results and another quarter of rising returns. Additionally, we ended the quarter with robust capital, record levels of liquidity, strong asset quality, and a significantly enhanced hedge on our MSR portfolio, positioning the company to navigate a volatile environment and deploy capital into accretive growth opportunities."
Published first on TheFly
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