Home lending volume accelerated at of Hilltop Holdings Inc., though mortgage earnings deteriorated. Servicing expanded, while staffing was down.
Hilltop Holdings Inc., the parent of PrimeLending, disclosed in its second-quarter earnings reported that it earned $45 million in income before income taxes.
Earnings deteriorated from a year earlier, when the total was $89 million. But income improved compared to three months earlier, when Hilltop earned $32 million.
Source: Mortgage Daily