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Home » Mortgage Banking Profits Up for Banks in 2Q17
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Mortgage Banking Profits Up for Banks in 2Q17

July 28, 2017
The banking industry reported a widespread increase in net income from mortgage-banking activities during the second quarter of 2017, according to an exclusive Inside Mortgage Trends analysis of earnings reports from publicly traded companies. All 25 companies in the roundup reported positive mortgage-banking results for the most recent quarter, which saw increased production volume and stable mortgage interest rates. As a group, they earned $2.673 billion from ... [Includes one data chart]
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