Mortgage revenue decline dents BOK Financial earnings

Revenues from mortgage banking activities decreased $1.6 million from the prior quarter due to rising interest rates Mortgage production volume declined 21 percent compared to the prior quarter. QUARTERLY EARNINGS TREND — UNAUDITED BOK FINANCIAL CORPORATION (in thousands.

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Mortgage banking revenue totaled $28.4 million for the fourth quarter of 2016, a decrease of $10.1 million compared to the third quarter of 2016 due primarily to a decrease in STATEMENTS OF EARNINGS – UNAUDITED BOK FINANCIAL CORPORATION (in thousands, except per share data).

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KEYWORDS BOK financial earnings housing mortgage lending. BOK Financial (BOKF) posted a second-quarter net income of $75.6 million, or Revenue from mortgage loan production decreased $3 million, while revenue from mortgage loan servicing grew by $518 thousand due to an increase in.

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PIMCO cuts mortgage-backed securities holdings The fund, which has $236 billion in assets and is managed by Pimco co-founder and co-chief investment officer Bill Gross, cut its mortgage holdings. Pimco said on its website that its holdings of U.2018 Rising Stars: Zach South Five-star Olentangy orange (ohio) defensive end Zach Harrison committed to Ohio State on Wednesday. pretty much a lock for the best players in Ohio. Entering the class of 2018, the Buckeyes had.