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SunTrust Banks (STI) benefited from a jump in mortgage refinance activity during the first quarter, but executives shied. The company continues to struggle with mortgage-repurchasing agreements.
BankUnited execs: Our struggle with mortgage originations The real estate. ordinary mortgage, this is a reasonably conservative loan-to-value but in the bridging. You Finally Paid Off Your Mortgage. What Now? – You’ve paid off your mortgage, which means you now have a lot of new little problems and concerns to fill your time.
For many mortgage lenders, hiring strategies are a struggle. With the refinancing business dropping by more than 50% in the past year, overall volumes have been eviscerated for most originators.
Mortgage BankUnited execs: Our struggle with mortgage originations.. The mortgage origination business was the smallest part of BankUnited’s mortgage banking business, averaging about $20.
Executives from Miami lakes-based bankunited (nyse: bku) discussed year-end performance, the relative strength of the institution’s assets and geographic position and why the bank shuttered its retail.
BankUnited execs: Our struggle with mortgage originations Sun Bancorp, Inc. (NASDAQ:SNBC) Q1 2013 earnings call april 25, 2013 11:00 AM ET Executives Tom. a regular basis going forward. Our mortgage strategy is to originate on product for the portfolio.