Volume 18 - Number 17
August 22, 2014
Downloads Available: Mortgage Profitability: Production vs Servicing - 2Q14
2Q14 Profits Climb on Both Sides of Ledger
Mortgage banking income rose significantly in the second quarter of 2014 for both production and servicing activities, according to a new Inside Mortgage Trends analysis of earnings reports from 11 major lenders. The group, which includes most of the top publicly owned companies in the mortgage industry, reported a combined $1.371 billion in production-related income during the second quarter. That was up 57.0 percent from ... [Includes one data chart]
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