PNC Financial Services (PNC) saw second-quarter profit more than double, as fee revenue surged and the firm set aside less for bad loans.
The bank's net income jumped to $1.12 billion, or $1.99 a share, from $546 million, or 98 cents, last year.
PNC Financial Services (PNC) saw second-quarter profit more than double, as fee revenue surged and the firm set aside less for bad loans.
The bank's net income jumped to $1.12 billion, or $1.99 a share, from $546 million, or 98 cents, last year.
While many homebuilders, such as D.R. Horton and Tri Pointe Homes, significantly reduced the number of new home starts over the last quarter amid sluggish homebuyer demand, Smith Douglas Homes Corp. is taking a different approach, akin to that of Lennar. Pace over price. The builder’s strategy reflects a commitment to affordability and serving the […]
HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]