| Mortgage Business Diminishes at BB&TQ4 originations down 17% from the previous period
Jan. 19, 2017 By Mortgage Daily staff |
| Quarterly home-lending volume at BB&T Corp. turned lower as the size of both the mortgage servicing and investment portfolios was reduced.
Income before income taxes at the Winston-Salem, North Carolina-based firm was $930 million in the three months ended Dec. 31, 2016. Details about operational and financial results were included in the financial institution’s fourth-quarter 2016 earnings report released Thursday. |
