Huntington Lifts Home Lending

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Huntington Bancshares Inc. beat its single-family lending volume for both the previous quarter and the same quarter last year. Mortgage income was maintained.

Before income taxes, Huntington earned $350 million during the period beginning April 1, 2017, and concluding on June 30. Income increased from $229 million a year prior.

The Columbus, Ohio-based organization presented those details, plus additional earnings and operations data, in its second-quarter earnings report.


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Huntington Lifts Home Lending

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Finance of America’s Home Lending Increases

Author:  //  Category: Mortgage

In addition to lifting home lending on a quarter-over-quarter basis, Finance of America Holdings LLC managed to maintain mortgage production on a year-over-year basis.

As of mid-year 2017, Finance of America serviced 11,338 loans with a collective unpaid principal balance of $2.155 billion. The portfolio receded from 15,514 loans for $3.272 billion three months earlier.

Those details and more were revealed as part of the the Horsham, Pennsylvania-based firm’s participation in the Mortgage Daily Second Quarter 2017 Mortgage Origination Survey.


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Back to the bad old ways at the banks 

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… asked to get involved in sub-prime mortgages, which she admitted were difficult … far with 120 per cent mortgages that Northern Rock found itself …

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Back to the bad old ways at the banks 

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U.S. home sales fell in June; would-be buyers can’t find homes

Author:  //  Category: Mortgage

… during the housing bubble when sub-prime mortgages pushed prices to unsustainable highs … but increased in the Midwest.
Mortgage rates remain relatively low by … 30-year, fixed-rate mortgage was 4.03 percent last week, mortgage buyer Freddie …

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U.S. home sales fell in June; would-be buyers can’t find homes

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U.S. home sales fell in June; would-be buyers can’t find houses, group says

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… during the housing bubble when sub-prime mortgages pushed prices to unsustainable highs …

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U.S. home sales fell in June; would-be buyers can’t find houses, group says

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South Leads Drop in Existing Home Sales

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Although the number of residential properties sold last month was the highest in years, the annual rate was still lower. The South had the biggest impact on national sales.

The sale of 601,000 single-family homes, townhomes, condominiums and co-operatives were consummated during all of June 2017.

That was the most existing home sales for any single month in at least two years. Sales were 555,000 in May 2017 and a downwardly revised 582,000 in June 2016.


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U.S. home sales decline on tight supplies

Author:  //  Category: Mortgage

… during the housing bubble when sub-prime mortgages pushed prices to unsustainable highs … but increased in the Midwest.
Mortgage rates remain relatively low by … 30-year, fixed-rate mortgage was 4.03 percent last week, mortgage buyer Freddie …

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Safes and Vaults in Banking Sector 2017 Global Market Expected to Grow at CAGR 6.17% and Forecast to 2021

Author:  //  Category: Mortgage

PUNE, INDIA, July 24, 2017 /EINPresswire.com/ —

WiseGuyReports.Com Publish a New Market Research Report On – “Safes and Vaults in Banking Sector 2017 Global Market Expected to Grow at CAGR 6.17% and Forecast to 2021”.

The analysts …

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Safes and Vaults in Banking Sector 2017 Global Market Expected to Grow at CAGR 6.17% and Forecast to 2021

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U.S. home sales fell in June because would-be buyers can’t find homes

Author:  //  Category: Mortgage

… during the housing bubble when sub-prime mortgages pushed prices to unsustainable highs … but increased in the Midwest.
Mortgage rates remain relatively low by … 30-year, fixed-rate mortgage was 4.03 percent last week, mortgage buyer Freddie …

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U.S. home sales fell in June because would-be buyers can’t find homes

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U.S. home sales fell in June; would-be buyers can’t find homes

Author:  //  Category: Mortgage

… during the housing bubble when sub-prime mortgages pushed prices to unsustainable highs … but increased in the Midwest.
Mortgage rates remain relatively low by … 30-year, fixed-rate mortgage was 4.03 percent last week, mortgage buyer Freddie …

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U.S. home sales fell in June; would-be buyers can’t find homes

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