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Volume 18 - Number 22

October 31, 2014

Mortgage-Banking Income Up at Regional Banks

Regional banks generally reported improvements to mortgage-banking income in the third quarter of 2014, according to an analysis by Inside Mortgage Trends. Third-quarter mortgage-banking income for a group of 17 regional banks rose 10.7 percent from the previous quarter and was up 12.5 percent from the third quarter of 2013, when some of the lenders reported record origination volumes. Results were mixed among the group. Flagstar Bank reported $58.40 million in mortgage-banking income ...

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