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Volume 21 - Number 9

May 5, 2017

Downloads Available: Mortgage Earnings Snapshot - 1Q17 (26 banks)

Banking Sector Sees Significant Drop in Mortgage Banking Income in 1Q17

Nearly all publicly held commercial banks and savings associations continued to generate a profit on their mortgage banking activities during the first quarter of 2017, but in most cases it was less than they earned in the past, according to an exclusive analysis and ranking by Inside Mortgage Trends. A group of 26 national banking organizations and regionals reported a combined $2.295 billion in mortgage banking income for the first quarter. Not all institutions ... [Includes one data chart]

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What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.
I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.
Not bad, but he needs to take his time making additional changes.
We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!

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