TROY, Mich. - Standard Federal Bancorp., the holding company of Standard Federal Bank, reported second-quarter earnings of $28.6 million, down 3.7% from the year-earlier period.

Home mortgage originations for the first six months of the year were $2.7 billion, up from $2.6 billion. Purchase volume in the same period increased 68%, to $2.2 billion.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.