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U.S. Bancorp Is The Only Major U.S. Bank Still Reporting Mortgage Servicing Growth

U.S. Bancorp Is The Only Major U.S. Bank Still Reporting Mortgage Servicing Growth

U.S. Bancorp has bucked this trend over the years, though, as its traditional loans-and-deposits business model, its risk-averse growth strategy and its lower capital requirements compared to its larger peers have helped it build a sizable capital buffer. With the regional banking giant focusing its efforts on growing in its mortgage business since the recession, it has done well to make the most of the vacuum created by Bank of America and Citigroup’s de-emphasis of the industry.

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