Volume 18 - Number 10
May 16, 2014
Downloads Available: Mortgage Earnings Snapshot - 1Q14
Mortgage Banking Income Down Sharply In Early 2014 as Production Volume Drops
Aggregate mortgage-banking income reported by an eclectic group of 32 lenders fell 25.9 percent from the fourth quarter of 2013 to the first quarter of this year, although many companies saw increased earnings, according to a new Inside Mortgage Trends analysis of earnings reports. The 32 lenders included all of the top originators and servicers in the industry, along with a number of other publicly traded nonbanks and depository institutions ... [Includes one data chart]
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