Home lending inched up on a quarter-over-quarter basis and soared on a year-over-year basis at Citizens Financial Group Inc., though a slowdown is in the offing.

The Providence, Rhode Island-based financial institution revealed in its fourth-quarter 2016 earnings report that income was $414 million before income taxes.

Profits diminished from the third quarter, when the total came to $427 million. But they improved from the final quarter of 2015, when the total was $331 million.

Source: Mortgage Daily