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Real Estate & Property Law

: Housing Wire

Mortgage Business Hemorrhage Continues at Fifth Third

By DIANA GOLOBAY

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Fifth Third Bancorp (FITB: 3.82 +3.52%) posted $50m net income for Q109, indicating a recovery from the $2.14bn net loss reported for Q408. The bank touted $18bn in new and renewed credit in the quarter, mainly due to “particularly strong relationships” with customers, CEO Kevin Kabat said today in an investor call. The bank boasted an [...]

Full post as published by Housing Wire on April 23, 2009 (boomark / email).

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