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Inside Mortgage Trends
» Lenders See Significant Increase in Mortgage Profits in 2Q19
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Lenders See Significant Increase in Mortgage Profits in 2Q19
September 6, 2019
George Brooks
Mortgage lenders posted a net gain of $1,675 per origination in the second quarter, the best quarter the industry has seen since the third quarter of 2016, the Mortgage Bankers Association said in a recent report.
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