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Home » Store » News » Bank Mortgage Banking Income Weakens in 2Q10 Despite Increased Production, Repurchases Higher

Bank Mortgage Banking Income Weakens in 2Q10 Despite Increased Production, Repurchases Higher

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Mortgage banking continued to be a significant source of income for commercial banking institutions during the second quarter, but net income dropped to its lowest quarterly level since the refinance boom of early last year. Commercial banks reported $3.96 billion in income from mortgage banking activities during... [Includes one data chart]
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