United Companies Financial Corp., Baton Rouge, La., reported $15.7
The dip in earnings was attributed to a $5.1 million loss incurred from
Total loan production for the quarter stood at $669 million, an 84%
The company's wholesale operation, Unicor Mortgage, saw a 69% increase
United Companies Lending, the company's retail branch network, increased
Southern Mortgage, the company's bulk purchasing arm, bought $150
The company's new manufactured housing division, United Companies
Thirty-day-plus delinquency rates for home equity loans dropped 17 basis
Net chargeoffs on home equity loans were $7.1 million during the first
- Compiled by Heather Timmons