Mortgage Banking Profitability Remains Strong in Second Quarter
July 24, 2009
Profit margins narrowed from record levels in early 2009, but lenders continued to report robust earnings from their mortgage banking activities during the second quarter, according to a new analysis by Inside Mortgage Profitability. Seventeen major lenders that have filed second quarter earnings posted a combined $7.547 billion in profits from their... [Includes one chart and one graph]