Profits from new originations increase at independent mortgage banks

Independent mortgage banks and lending subsidiaries of chartered banks posted an average profit of $2,152 in the second quarter on newly originated loans, up from $1,654 per loan in the first quarter, the Mortgage Bankers Association (MBA) said. Read more here.

Source: http://stlhba.hbablog.com/2012/08/31/profits-from-new-originations-increase-at-independent-mortgage-banks/

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