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Ellie Mae is moving from strength to strength, and its president sees no end in sight to the company's growth potential. After market close, the company reported record revenue of $90.1 million, up 37% from $65.9 million in Q2 2015.
Arch Mortgage Insurance, the mortgage segment of Arch Capital Group, generated $6.42 billion of new insurance written during the second quarter of 2016. While Arch MI does mortgages internationally, here's the breakdown for how it performed in the U.S.
Fannie Mae announced Thursday that it selected a winning bidder for its fourth sale of non-performing loans as part of its "Community Impact Pool" program. But for the first time since it began targeting smaller investors, Fannie Mae selected a private equity firm as the winner of the auction.