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.
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.
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.
PNC's Mortgage Originations, Delinquency Improve
The PNC Financial Services Group Inc.'s quarterly home-lending volume rose and delinquency fell. The servicing portfolio was flat.
Citi's Mortgage Delinquency Rises, Servicing Falls
As the mortgage servicing portfolio continued to diminish at Citigroup Inc., the rate of delinquency deteriorated. Home-lending activity was mostly flat.
Chase Mortgage Lending Contrasts Mortgage Earnings
Although quarter-over-quarter home lending rose at JPMorgan Chase & Co., mortgage revenues retreated. The opposite was true on a year-over-year basis.
Wells Fargo Mortgage Referrals Hit by Scandal
The fraudulent account scandal at Wells Fargo & Co. had an immediate impact on its home lending business, though quarterly mortgage production and earnings improved.