Fannie, Freddie settlements eat into PNC earnings

Fannie, Freddie settlements eat into PNC earnings

Earnings barely move from 4Q13

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower than expected

Here's proof the housing bubble is about to burst

This recovery is an illusion

Items Tagged with 'Mortgage Banking'


Here are 6 threats to Fifth Third's mortgage banking operations

Could this happen where you work?
February 24, 2014

These risks are real. For example, even if interest rates were to fall, mortgage originations may also fall. Any increase in mortgage originations may not be enough to offset the decrease in the MSRs value caused by the lower rates, the bank states.

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Wells Fargo sees record profit in Q3

Weakening mortgage business doesn't hit bottom line -- yet
October 11, 2013
A weakening mortgage business didn't slow down Wells Fargo & Co. during the third quarter, with the banking and mortgage lending giant reporting record net income of $5.6 billion, or 99 cents per share.
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Southern community banks perform well, despite lingering risks

Competition weighs on banks that picked up mortgage lending activity
September 25, 2013
Home values and housing activity picked up across Southern communities, benefiting community banks in the region. But these trends are in large part due to the area's vibrant oil and gas industry and other economic indicators, the Office of the Comptroller of the Currency claimed in a new report.
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EverBank exits wholesale, will focus on other lending channels

July 30, 2013
EverBank announced it is ending its wholesale broker home lending business.
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WSFS Financial Corp. purchases mortgage, title companies

July 29, 2013
WSFS Financial Corp. purchased the assets and operations of mortgage banking company Array Financial Group.
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Multifamily is the solution for investors, Gen Y

July 25, 2013
No matter how you slice it; people will always need a place to live. As the nation pulls through the tail end of a huge housing dislocation, many are faced with...
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When it comes to mortgage satisfactions, don’t play a game of “Risk”

July 25, 2013
The clock is ticking. Time is a-wasting. Drop dead deadlines. We all know the sayings, and with mortgage recordation in the U.S. Mortgage market, they’re as applicable as ever.
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CFPB targets Castle & Cooke Mortgage over compensation practices

Alleges steering into higher-cost loans, other claims
July 23, 2013
The Consumer Financial Protection Bureau filed suit in federal court against mortgage firm Castle & Cook Mortgage, alleging the Utah-based company steered customers into higher interest rate loans...
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Fifth Third Bank on target for growth, posts profit as originations soar

Mortgages grow 28% from one year earlier
July 18, 2013
Fifth Third Bank's second-quarter 2013 mortgage originations reached $7.5 billion, up from $5.9 billion in 2Q 2012, and a slight uptick from the first quarter.
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Compliance is king at the MBA Tech Conference

April 15, 2013
One of my favorite movies, The Graduate, has a famous scene in which this pompous older gentleman takes a young Dustin Hoffman aside and says: “I...
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