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