Early Indicators Point to Solid Mortgage Profits in 2nd Quarter The early returns on mortgage profitability for the second quarter suggest that most lenders saw a measurable improvement in mortgage banking income, as origination volume steadied and servicing operations began to report better performance. A group of nine major lenders that had reported second-quarter earnings as Inside Mortgage Profitability went to press this week showed an 11.4 percent decline in aggregate mortgage banking revenues during