EverBank Home Lending Creeps Up, Servicing Down

A modest increased in quarterly residential loan originations was reported by EverBank Financial Corp. The company’s mortgage servicing portfolio diminished.

EverBank revealed in its third-quarter 2016 earnings report that it earned $59 million before the provision for income taxes during the three months ended Sept. 30.

Income at the Jacksonville, Florida-based financial institution soared from $35 million during the prior quarter. Earnings also improved from $47 million a year prior.


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From:: Financing

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