Volume 18 - Number 15
July 25, 2014
Downloads Available: Mortgage Profitability: Production vs Servicing - 4Q12 - 1Q14
Servicing Profits Held Up Better in 1Q14
Mortgage lenders generally earned more on their servicing operations than on production activity during the first quarter of 2014, according to an Inside Mortgage Trends analysis of earnings reports from firms that disclose such information. The 10 companies in the sample group reported a combined $850.4 million in production-related income during the first three months of 2014, compared with $1.33 billion in servicing income ... [Includes one data chart]
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