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Bank of America's fourth-quarter mortgage origination volume more than doubled on a year-over-year basis, a faster pace of growth than two of its national banking peers.
January 15 -
The second quarter continues to shape up as a good one for bank mortgage lenders — and one ancillary service provider — that are benefiting from a spike in volume.
July 17 -
Calls for getting more women into leadership positions, and strategies for achieving that, dominated the LEAD conference in New York.
May 25 -
Bank of America's first-mortgage production dropped almost 26% year-over-year in the fourth quarter of 2018, but it experienced a less severe 10% decline in home equity lending during the same period.
January 16 -
Mortgage-related earnings at five banks were lower due to the effect of higher interest rates on loan volume this year, even though late-season homebuyers improved consecutive-quarter origination numbers at three companies.
October 12 -
This year's sluggish spring home buying season led to generally softer mortgage-related second quarter results at Wells Fargo, JPMorgan Chase, Citigroup and PNC Financial Services Group, but First Republic Bank bucked the trend.
July 13 -
First-quarter mortgage banking results at Wells Fargo and JPMorgan Chase were weaker than Keefe, Bruyette & Woods forecast due to lower-than-expected gain-on-sale margins.
April 13 -
William Parsley was most recently PNC's chief investment officer and treasurer and had previously served as head of consumer lending.
February 22 -
It’s too soon to gauge the true impact of recent tax cuts on loan demand, but anecdotes from bankers suggest that, after months of stagnation, pipelines are filling up again.
February 14 -
Todd Chamberlain, the former CEO of PNC Mortgage, is joining SunTrust Banks to head up its home lending business.
February 2