SunTrust, Huntington, BB&T Miss Profit Estimates (Update2)

Story date: 2007-10-18 01:10:00
Added on: 2007-10-20 18:00:21

Bloomberg - SunTrust reported more nonperforming construction loans and said an increase in bad residential loans was driven by the declining credit quality of Alt-A mortgages, which are given to people who don't document their income or borrow for second homes ...


Read more...

Related Stories:

• SunTrust Profit Falls on Loans, Money Fund Bailout (Update4)

  Bloomberg - SunTrust set aside $356.8 million for credit losses, citing an increase in overdue mortgage loans and falling home values. That...
  2008-01-23 09:25:00

• SunTrust Mortgage, Inc.

  Star-Banner - SunTrust Mortgage, Inc. is a subsidiary of SunTrust Banks, Inc. and specializes in home mortgage financing. Its extensive suite of...
  2008-01-18 05:57:00

• SunTrust Mortgage, Inc. - Star-Banner

  SunTrust Mortgage, Inc. is a subsidiary of SunTrust Banks, Inc. and specializes in home mortgage financing. Its extensive suite of products and...
  2008-06-14 01:52:00

• SunTrust Mortgage, Inc. - Star-Banner

  SunTrust Mortgage, Inc. is a subsidiary of SunTrust Banks, Inc. and specializes in home mortgage financing. Its extensive suite of products and...
  2008-08-10 05:31:00

• Provident New York Bancorp Reports a 36% Increase in Quarterly EPS.

  Forbes - One- to four-family residential mortgage loans 500,172 500,825 Commercial real estate, commercial business and construction loans 909,404 895,233 ... ...
  2008-01-28 01:59:00

• SunTrust decline continues in first quarter (BizJournals)

  SunTrust Banks Inc.'s net income fell about 44 percent in the first quarter, as the company continued to take a beating from...
  2008-04-22 07:39:17

• Ex-SunTrust worker challenges firing

  Miami Herald - A former SunTrust Bank mortgage loan coordinator contends in a lawsuit that he was fired after alerting superiors to...
  2008-02-06 04:30:00

• Fitch Affirms SunTrust Mortgage Residential Servicer Rating at 'RPS2'

  Forbes - As of June 30, 2007, the company serviced 934,473 residential mortgage loans totaling over $150 billion. STM's management has indicated...
  2007-09-05 09:58:00