Mortgage banking profits declined for most major lenders that have reported second-quarter earnings, but the industry still appears to be ahead of the pace set in 2004, according to a new Inside Mortgage Profitability analysis. Only two of the 25 companies included in the first earnings roundup of the second quarter reported losses on their mortgage banking activities for the period. But 15 lenders in the group posted declines in mortgage banking results from the… [One data table included]