Mortgage earnings, originations and servicing all moved lower on a quarter-over-quarter basis at Regions Financial Corp., as did delinquency.
Residential loan volume during the three months ended Dec. 31 came to $1.190 billion.
The details, along with other operational and financial performance statistics, were included in the firm’s fourth-quarter 2015 earnings report.
Mortgage production declined from the third quarter, when $1.421 billion in home loans were closed.
But the Birmingham, Alabama-based bank boosted business from the fourth-quarter 2014, when $1.168 billion was funded.
Full-year 2015 originations amounted to $5.483 billion, increasing from the previous year, when volume totaled $4.689 billion.
Refinance share during the most-recent period was 28 percent.
Third-party servicing was trimmed to $25.840 billion from $26.220 billion three months earlier and $27.385 billion a year earlier.
On Regions balance sheet were $23.789 billion in residential assets, up from $23.677 billion three months earlier and $23.247 billion a year earlier.
The year-end 2015 total included $12.811 billion in first liens, $6.696 billion in first-lien home-equity loans and $4.282 billion in second-lien HELs.
Delinquency of at least 30 days on non-guaranteed residential loans fell to 1.89
percent from 1.92 percent and was also better than 2.20 percent at the end of 2014.
HEL delinquency finished last year at 1.30 percent, six basis points lower than at the end of the third quarter and 29 BPS lower than at year-end 2014.
Commercial real estate assets were reduced o $14.908 billion from $15.058 billion as of Sept. 30, 2015, and $15.483 billion as of Dec. 31, 2014.
The Dec. 31, 2015, CRE loan total reflected $7.538 billion in owner-occupied commercial mortgages, $4.255 billion in investor commercial mortgages and $3.115 billion in construction loans.
On the owner-occupied portion of its CRE loan portfolio, delinquency tumbled to 0.45 percent from 0.61 percent as of Sept. 30, 2015, and slipped from 0.47 percent as of Dec. 31. 2014.
Investor CRE loan delinquency rose, however, to 0.73 percent from 0.59 percent and was also worse than 0.48 percent in the fourth-quarter 2014.
Income from mortgage banking dipped to $37 million from $39 million but was better than the $27 million earned in the final three months of 2014.
The bank-holding company earned $408 million from continuing operations before income taxes, more than $378 million in the third quarter and $317 million in the fourth-quarter 2014.
As of the end of 2015, there were 23,916 employees. Headcount was trimmed from 23,952 at the end of the third quarter and 23,723 at the end of 2014.
The financial institution finished last year with 1,627 branches, three fewer than at the close of the prior period.
