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Volume 14 - Number 15

July 30, 2010

Downloads Available: View the attached file (in pdf format)


Mortgage Profits Sagged in 2Q10, But Most Lenders Report Healthy Income

Mortgage bankers had to work a little harder during the second quarter, but industry earnings remained at historically high levels, according to a new analysis by Inside Mortgage Trends. A representative sample of 20 lenders – including most of the industry’s largest firms and many mid-sized operations – reported a combined $5.04 billion in net income from mortgage banking... [Includes one chart]

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Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

vote to see results
Housing Pulse

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