PNC FINANCIAL SERVICES GROUP, INC.
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
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Sep 30, 2026 · Filed Nov 3, 2026
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Loan Sale and Servicing Activities
The following table provides our loan sale and servicing activities.
Table 59: Loan Sale and Servicing Activities
| In millions | Residential Mortgages | Commercial Mortgages |
|---|---|---|
| Sales of loans and related securitization activity (a) | $911 | $994 |
| Repurchases of previously transferred loans (b) | $27 | $2 |
| Servicing fees (c) | $141 | $51 |
| Servicing advances recovered/(funded), net | $(10) | $(3) |
| Cash flows on mortgage-backed securities held (d) | $846 | $7 |
| Sales of loans and related securitization activity (a) | $868 | $1,354 |
| Repurchases of previously transferred loans (b) | $31 | $— |
| Servicing fees (c) | $129 | $45 |
| Servicing advances recovered/(funded), net | $(1) | $52 |
| Cash flows on mortgage-backed securities held (d) | $621 | $112 |
| Sales of loans and related securitization activity (a) | $2,542 | $4,087 |
| Repurchases of previously transferred loans (b) | $89 | $82 |
| Servicing fees (c) | $425 | $148 |
| Servicing advances recovered/(funded), net | $14 | $(50) |
| Cash flows on mortgage-backed securities held (d) | $2,200 | $17 |
| Sales of loans and related securitization activity (a) | $2,317 | $2,941 |
| Repurchases of previously transferred loans (b) | $95 | $— |
| Servicing fees (c) | $388 | $149 |
| Servicing advances recovered/(funded), net | $41 | $(2) |
| Cash flows on mortgage-backed securities held (d) | $1,813 | $155 |
(a)Gains/losses recognized on sales of loans were insignificant for the periods presented.
(b)Represents the outstanding principal balance of repurchased loans and includes both residential and commercial mortgage government insured or guaranteed loans eligible for repurchase through the exercise of our ROAP option, as well as residential mortgage loans repurchased due to alleged breaches of origination covenants or representations and warranties made to purchasers.
(c)Includes contractually specified servicing fees, late charges and ancillary fees.
(d)Represents cash flows on securities where we transferred to and/or service loans for a securitization SPE and we hold securities issued by that SPE. The carrying values of such securities held in residential mortgage-backed securities were $21.3 billion, $17.2 billion and $17.1 billion at September 30, 2026, December 31, 2025 and September 30, 2025, respectively. The carrying values of commercial mortgage-backed securities were $0.3 billion at September 30, 2026 and $0.4 billion at both December 31, 2025 and September 30, 2025, respectively.
70 The PNC Financial Services Group, Inc. –Form 10-Q
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