Last year, mortgage production moved higher at  Hilltop Holdings Inc. But earnings from the home-lending business turned sharply lower.

During the final-three months of last year, income before income taxes was $53 million. Earnings fell from $86 million in the previous quarter.

Hilltop, the parent of PrimeLending, provided the results and other operational and financial metrics in its fourth-quarter 2016 earnings report.


Source: Mortgage Daily