A year earlier , the company had earned $104.49 million for the quarter and $311.4 million for the 12 month period. Origination and servicing resultsThe production segment brought in $127.3 million in pretax income compared to $123 million a quarter earlier and $78 million in 4Q24. Meanwhile, servicing generated $37 million in net income for the quarter compared to $157 million the previous fiscal period and $87 million a year earlier. "We are positioning ourselves to better capture the significant opportunities presented by lower mortgage rates and further increase production income in comparison to MSR runoff," he added. The 4Q25 total for loan acquisitions and originations was $42.2 billion compared to $36.5 billion in the third quarter and $35.7 billion a year earlier.