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Home » Store » Taxable » Mortgage Earnings at Banks Take Hit in 3Q (IMT)

Mortgage Earnings at Banks Take Hit in 3Q (IMT)

$420.00
Taxable

Product Details

The rise in interest rates during the third quarter limited originations and put pressure on profitability. The value of mortgage servicing rights increases as interest rates go up, but that wasn’t enough to offset declining production revenue at many banks. (Incldues one data table.)

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