Mortgage earnings fell from the prior quarter and a year prior at BOK Financial Corp. Originations were also down and plunged from a year earlier.
The Tulsa, Oklahoma-based parent of Bank of Oklahoma disclosed in its third-quarter earnings report net income before taxes of $128 million.
Earnings improved compared to the same-three months last year, when the financial institution earned $107 million. But income came up short of the $137 million earned three months earlier.
Source: Mortgage Daily