In addition to lifting its quarterly home lending, SunTrust Banks Inc. grew its residential loan servicing portfolio. But mortgage earnings deteriorated.
Income before the provision for income taxes at the bank-holding company amounted to $752 million during the three months that concluded on June 30.
Atlanta-based SunTrust provided the details, along with additional operational and financial metrics, in its earnings report for the second quarter of this year.
Source: Mortgage Daily
