SunTrust Home Loan Activity Flourishes
On point with top mortgage lending peers, SunTrust Banks Inc.'s quarterly production picked up speed. It also saw its servicing and investment portfolios grow.
Mortgage Earnings, Originations Up at Huntington
Quarterly home lending grew stronger at Huntington Bancshares Inc., while a quarter-over-quarter gain was recorded for mortgage earnings. The servicing portfolio, though, fell.
BB&T Mortgage Originations Skyrocket, Servicing Up
Quarterly mortgage originations surged at BB&T Corp. In addition, the residential servicing and investment portfolios grew, quarterly earnings improved, and staff ranks swelled.
Multifamily Loans Boost CMBS Performance
Performance improved last month on loans included in commercial mortgage-backed securities thanks to apartment loan delinquency.
Permits at 12-Mth High, NE Completed Const Soars
Monthly building permits for new housing units rose to a 12-month high. Meanwhile, completed construction soared in the Northeast.
Builder Outlook, Weakness in South Hurt Confidence
The monthly confidence level among the country's home builders was hurt because of expected traffic and weakness in the South.
Home Lending Volume Up at BofA
Yet another big home loan provider -- Bank of America Corp. -- realized much healthier quarterly mortgage production volume. The servicing portfolio continued to diminish.
PNC Mortgage Originations Mixed
A quarter-over-quarter gain was made in home lending at The PNC Financial Services Group Inc., though there was a year-over drop.
US Bank Raises Mortgage Originations
Like its big-bank peers thus far, Minneapolis-based U.S. Bancorp, realized a healthy boom in residential home loans during the recent quarterly financial period.
Wells Fargo Mortgage Business Overflows
Quarterly mortgage production at Wells Fargo & Co. surged well ahead of the prior period's numbers and even bested year-earlier originations.
Ginnie MBS Issuance Hits 11-Month High
Securitizations completed on behalf of the Government National Mortgage Association were the highest they've been in almost one year.