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.
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.
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.
Mortgage Assets, Earnings, Originations Up at BofA
Quarterly growth was recorded for mortgage assets, earnings and originations at Bank of America Corp. Contraction continued, however, in the mortgage servicing portfolio.
Ditech Cutting Hundreds of Texas Jobs
The mortgage operating unit of Walter Investment Management Corp. is closing an office in Texas. Hundreds of employees are impacted.
PNC Successfully Shifts to Home Purchase Financing
A reduction in mortgage refinance production at The PNC Financial Services Group Inc. was easily offset with a sharp increase in the origination of loans to finance home purchases.
Mortgage Originations Down at Citi and Headed Lower
Residential loan production fell on a quarter-over-quarter basis and sank on a year-over-year basis at Citigroup Inc.The firm continued to cut its mortgage servicing and assets.
Chase's Mortgage Servicing Down, Assets Up
While there was little change in quarterly mortgage originations at JPMorgan Chase & Co., the residential servicing portfolio declined as mortgage assets grew.