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Mortgage Lenders Back in Black After Earlier Losses

(Mortgage News Daily) - 3 months, 2 weeks ago
 Posted To: MND NewsWireIn the first quarter of 2018, independent mortgage banks and mortgage subsidiaries of chartered banks posted only their second period of financial losses in the ten years the Mortgage Bankers Association (MBA) has covered the issue. This week MBA was able to report better news. The Association's Quarterly Mortgage Bankers Performance Report says respondents to its quarterly survey had a net gain of $580 on each loan they originated in the second quarter compared to a ...
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