Falling interest rates pounded the earnings of publicly traded nonbank lenders in early 2016 by forcing them to take huge writedowns on their mortgage servicing rights. The nine nonbank lenders tracked by Inside Mortgage Trends reported a combined $510.0 million loss in the first quarter, following a $12.7 million loss in the previous period. Back in the first quarter of 2015, the group had a combined $104.5 million in net income from their ... [Includes one data chart]