Quarter-Over-Quarter Mortgage Gains at Fifth Third
The volume of home-lending activity at Fifth Third Bancorp ascended from the previous quarter, as did mortgage income and the size of the servicing portfolio.
Mortgage Originations, Servicing Up at SunTrust
In addition to lifting its quarterly home lending, SunTrust Banks Inc. grew its residential loan servicing portfolio. But mortgage earnings deteriorated.
BB&T Mortgage Earnings, Lending & Servicing Drop
Both on a quarter-over-quarter and year-over-year basis, a decline was recorded in mortgage earnings, originations and servicing at BB&T Corp. Company-wide income rose, though.
Completed New Construction Highest Since 2007
The volume of building permits was the highest it's been in two years. Even more impressive was completed construction, which soared to the highest level in nearly a decade.
Ginnie MBS Issuance Up Despite Multifamily Slump
Even though apartment loan securitizations slipped last month at the Government National Mortgage Association, overall issuance moved higher.
Mortgage Earnings, Originations Up at U.S. Bank
A quarter-over-quarter improvement was reported by U.S. Bancorp for its residential loan originations and its mortgage revenues.
CMBS Lates Soar, Further Deterioration Likely
Delinquency on securitized commercial real estate loans soared more than 20 basis points last month and is expected jump at least 50 BPS more by year-end.
Mortgage Assets, Earnings, Originations Up at BofA
Quarterly growth was recorded for mortgage assets, earnings and originations at Bank of America Corp. Contraction continued, however, in the mortgage servicing portfolio.
PNC Successfully Shifts to Home Purchase Financing
A reduction in mortgage refinance production at The PNC Financial Services Group Inc. was easily offset with a sharp increase in the origination of loans to finance home purchases.
Wells Fargo's Home Lending Jumps, Headed Higher
Quarterly residential loan originations accelerated at Wells Fargo & Co. and are likely headed even higher despite industry forecasts to the contrary.