HomeStreet Mortgage Originations Soar
Quarterly residential lending activity shot up at HomeStreet Inc., and the company expects full-year activity to exceed last year's production level.
FHA Business Inches Up But Poised to Slip
Monthly government-insured mortgage originations move up but could retreat based on new applications. Delinquency on government home loans worsened.
Freddie Reports Solid Performance in June
Secondary activity picked up last month at the Federal Home Loan Mortgage Corp., while serious residential delinquency moved lower and past-due payments on apartment loans improved.
Flagstar Production Up as Servicing, Staffing Fall
Home lending strengthened on a quarter-over-quarter basis at Flagstar Bancorp Inc., though the company reduced its mortgage assets, servicing and staffing.
Mortgage Metrics Improve from Q1 at SunTrust
On a quarter-over-quarter basis, residential loan originations, home loan delinquency and mortgage production earnings were all better at SunTrust Banks Inc.
FHA Exposure Hits BB&T Earnings
Quarter-over-quarter growth was reported in originations and servicing at BB&T Corp. But income took a hit thanks to potential exposure recognized on Federal Housing Administration lending. Residential delinquency, meanwhile, deteriorated.
Earnings, Originations & Assets Up at Huntington
Compared to the first quarter, parent company earnings, mortgage originations and residential assets were higher at Huntington Bancshares Inc.
5/3 Originations, Lates Up as Mtg Holdings Trimmed
Fifth Third Bancorp lifted mortgage production on a quarter-over-quarter basis. But its investment and servicing portfolios subsided, while delinquency deteriorated.
PNC Purchase Production Proliferates
Quarter-over-quarter mortgage home purchase financing surged at The PNC Financial Services Group Inc. Also improving were mortgage earnings.
US Bank Lifts Loan Originations, Cuts Delinquency
Home loan originations moved higher in the second quarter at U.S. Bancorp, while residential and commercial mortgage delinquency was reduced.