The results included an after-tax gain of $55 million or 6 cents on the sale of shares in the payment company Vantiv.
Loan losses fell 3% to $109 million, or 0.49 percent of loans, and seriously delinquent loans were $1 billion, a decline $140 million or 12 percent.
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This week, the average U.S. fixed rate for a 30-year mortgage jumped to 3.69%. That’s still more than a percentage point lower than the 4.85% of the year-earlier week.
Embrace Home Loans, a Rhode Island-based mortgage lender, announced this week that longtime employee Ryan “Buddy” Hardiman is being promoted to senior vice president of retail and direct sales.