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Home » Store » News » Mortgage Banking Profits Still Solid In Fourth Quarter Despite Losses

Mortgage Banking Profits Still Solid In Fourth Quarter Despite Losses

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New data from several of the largest mortgage lending businesses appear to confirm that the overall industry posted solid profits during the fourth quarter, despite some hefty losses at a number of firms. A new Inside Mortgage Profitability analysis of earnings reports from nine lenders found that the group posted a combined $1.239 billion loss on... [Includes one chart and one graph]
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