Financing

Foreclosure.com

A quarter-over-quarter rise in home lending was reported by BBT Corp. But mortgage earnings and servicing were down, while all three metrics were lower on a year-over-year basis.The Winston-Salem, North Carolina-based bank-holding company earned $876 million before income taxes, according to its fourth-quarter 2017 earnings report.Income retreated from the same three [...]
Thu, Jan 18, 2018
Source: Financing
Home lenders have continued to loosen their standards compared to a year ago as turnaround has improved over the period. Refinance share was the widest it's been 10 months.Conventional mortgages accounted for 66 percent of all residential loans closed during December. The share was the same as it was in [...]
Wed, Jan 17, 2018
Source: Financing
Home lending inched up from the previous quarter at U.S. Bancorp, as did the size of its servicing portfolio. There was quarter-over-quarter deterioration in delinquency.From Oct. 1, 2017, through the end of the year, income before taxes came to $1.4 billion, according to fourth-quarter earnings data released Wednesday.Income at the [...]
Wed, Jan 17, 2018
Source: Financing
Optimism among the nation's home builders slipped in the first month of the new year as buyer traffic wained. Sill, the sector remains very optimistic about the rest of this year.This month, the Housing Market Index came in at 72. The index reflects home builders' perceptions of current buyer traffic, [...]
Wed, Jan 17, 2018
Source: Financing
As home lending slowed and loan servicing diminished at Bank of America Corp., mortgage losses widened. Mortgage assets expanded, though.The fourth-quarter earnings report from the Charlotte, North Carolina-based bank-holding company indicated income before income taxes was $6.2 billion.Earnings improved from $5.8 billion during the final-three months of 2016. But income [...]
Wed, Jan 17, 2018
Source: Financing