Mortgage Business Improves at Citizens Financial
Home lending, mortgage earnings and residential assets all increased on both a quarter-over-quarter and year-over-year basis at Citizens Financial Group Inc.
Mortgage Earnings, Originations Up at SunTrust
Quarterly earnings from its mortgage business moved higher at SunTrust Banks Inc. An even more impressive improvement was made with production.
Monthly Loan Modifications Increase
Loan modifications rose on a year-over-year basis, though a month-over-month slump was recorded for government-supported modifications.
MSRs on Nearly $3 Bil in Agency Loans For Sale
Bids are now being accepted for mortgage servicing rights on as much as $3 billion in home loans that are backed by the housing finance agencies.
5th 3rd Mortgage Earnings Down, Originations Up
Fifth Third Bancorp's quarterly residential loan production and mortgage assets increased. But mortgage revenues and servicing both declined.
Mortgage Earnings, Originations Up at BBT
An increase in home-lending activity at BB&T Corp. was complimented by a surge in mortgage earnings. But one trouble spot for the financial institution lies in mortgage performance.
Mortgage Revenues Jump at US Bank
Modest quarterly growth in mortgage originations and servicing was reported for U.S. Bancorp. But the increase in mortgage revenues was much more than modest.
Modest Improvement in Serious Mortgage Delinquency
Serious delinquency on first mortgages dipped last month. While a more significant improvement was made on second mortgages, the category has seen deterioration from a year ago.
MGIC Earnings Sink Despite Strong Quarter
Quarterly new business climbed, the book of business expanded and loan performance improved at MGIC Guaranty Insurance Corp. Still, earnings deteriorated.
BofA Home Lending Dips, Mortgage Earnings Up
Although home lending slipped from the previous quarter at Bank of America Corp., business improved from a year prior. Mortgage earnings strengthened significantly.