A quarter-over-quarter gain was reported for mortgage earnings and originations at Hilltop Holdings Inc. Year-over-year gains, however, were lacking as servicing shrunk.
Before income taxes, Hilltop earned $89 million during the three months ended mid-2017. Earnings improved from $50 million during the same three months last year.
The Dallas-based parent of PrimeLending disclosed the details along with other operational and financial results in its second-quarter 2017 earnings report.
Source: Mortgage Daily