BB&T Mortgage Originations Skyrocket, Servicing Up

Quarterly mortgage originations surged at BB&T Corp. In addition, the residential servicing and investment portfolios grew, quarterly earnings improved, and staff ranks swelled.

From April 1 to June 30, the financial institution closed 56 percent more in new home loans than was originated during the first three months of this year.

This information, along with other operational and financial statistics, was unveiled in the Winston-Salem, North Carolina-based company’s second-quarter 2016 earnings report.


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From:: Financing

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