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Home » Store » Inside Mortgage Trends » Production Income Up, Servicing Down in 2Q17

Production Income Up, Servicing Down in 2Q17

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Inside Mortgage Trends

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Publicly traded companies generally reported improved earnings on the production side of their mortgage banking activities during the second quarter of 2017 but slumping income from servicing. A group of 12 lenders that includes most of the top players in the industry reported a combined $1.16 billion in production-related income during the second quarter, up 6.9 percent from the first three months of the year. Combined origination volume was up ... [Includes one data chart]
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