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Home » Store » News » Production-Related Activity Saw Profit Boost in 3Q18 Despite Lending Slowdown

Production-Related Activity Saw Profit Boost in 3Q18 Despite Lending Slowdown

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Mortgage lending and secondary market activity generated a modest increase in earnings for a diverse group of publicly held companies, according to a new Inside Mortgage Trends analysis of earnings reports. At the same time, servicing income was down substantially. The 13 companies included in the roundup reported a combined $816.3 million in income from production-related activity during the third quarter. That was up 2.8 percent from the ... [Includes one data chart]
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