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Tag Archives: Bank

A Word from the Wise

A successful career is not without its highs and lows that teach valuable lessons along the way. We spoke with experts to share their wisdom on their experiences, what they’ve learned during their long careers, and advice for the new professional who’s just stepping into the market. Editor's Note: This feature originally appeared in the May issue of MReport, out now.

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Mortgage Servicing Boost SunTrust’s Income

In its Q1 results, SunTrust Bank noted that higher mortgage-related income and investment-related income pushed the noninterest income up by $32 million. Mortgage servicing income posted a strong quarter, with a net income of $53 million over the previous quarter’s $25 million. Still, this was a decrease from the previous year’s Q1 income of $62 million.

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No Need to Break the Bank for Tech Costs

Shattering the myth that strong internal control structures are wildly costly, mortgage firms are beginning to find many of the solutions are right in front of them. Editor's note: This select print feature appears in the April 2016 edition of MReport magazine, available now.

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