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Home » Store » News » Banks Report Surging Mortgage Banking Profits Despite Heavy Buyback Expenses

Banks Report Surging Mortgage Banking Profits Despite Heavy Buyback Expenses

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Although they continue to face heavy repurchase expenses and plan for more such exposure in the future, banks are reporting very strong profits from their mortgage banking operations during the third quarter. A dozen banks that have reported third-quarter earnings so far posted...[Includes one graph]
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