Volume 18 - Number 11
May 30, 2014
Downloads Available: Bank Mortgage Banking Earnings - 1Q14
Banks and Thrifts Report Sharp Decline In Mortgage Banking Income in 1Q14
Commercial banks and savings institutions generated $3.37 billion in mortgage banking income during the first quarter of 2014, according to a new Inside Mortgage Trends analysis of call reports. First-quarter bank and thrift mortgage banking profits were down 36.2 percent from the fourth quarter of last year and 56.2 percent off the robust $7.70 billion the industry earned in the first three months of 2013. The first quarter of 2014 marked the lowest ... [Includes one data chart]
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