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Home » Store » News » Servicing Gains Outweigh Production Losses

Servicing Gains Outweigh Production Losses

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Mortgage bankers generally lost money on their mortgage production operations in the fourth quarter of 2008 but were able to offset those losses with positive results on their servicing operations, according to a new analysis by Inside Mortgage Profitability. A representative sample of eight mortgage-banking operations showed a combined loss of $157.5 million... [Includes one chart and one graph]
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