Mortgage Production Earnings Sag in 4Q09 Despite More Volume; Servicing Off Slightly
March 26, 2010
Top mortgage bankers reported a solid increase in new loan production during the fourth quarter of 2009, but earnings declined slightly from the previous three-month period, according to a new Inside Mortgage Profitability analysis. A group of nine mortgage lenders reported an aggregate $2.443 billion in production-related profits for the fourth... [Includes one chart and one graph]