Huntington Lifts Home Lending
Huntington Bancshares Inc. beat its single-family lending volume for both the previous quarter and the same quarter last year. Mortgage income was maintained.
Finance of America's Home Lending Increases
In addition to lifting home lending on a quarter-over-quarter basis, Finance of America Holdings LLC managed to maintain mortgage production on a year-over-year basis.
Multifamily CMBS 60-Day Rate Surges
The rate of late payments on securitized commercial real estate loans backed by apartment buildings soared more than a hundred basis points last month.
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.
New Business Surges at MGIC, Defaults Sink
As quarterly earnings increased at MGIC Investment Corp., new business improved and the share of insured loans that were past due turned lower.
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.
Foreclosure Decline Offsets Rise in Mortgage Lates
A slight drop in the foreclosure rate was more than enough to offset a modest bump in mortgage delinquency. Serious delinquency has improved for six consecutive months.
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.
Ginnie MSRs For Sale on Over $600 Mil in Loans
More than $600 million in loans
are behind an offering of Ginnie Mae mortgage servicing rights. Nearly half of the loans are secured by properties in Texas.