February 25, 2014
Bank Mortgage Earnings Rock Solid in 2013; Of Course That Was Then
Mortgage-banking income reported by banks and thrifts rose 12.7 percent from the third to the fourth quarter of last year, according to a new analysis of call-report data by Inside Mortgage Trends. The fourth-quarter surge brought annual earnings from mortgage banking to $25.857 billion in 2013.
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