Tuesday, December 8, 2015

It’s still profitable to originate mortgages

While mortgage profits were slightly down and costs were marginally higher in the third quarter when compared to the second quarter, levels were still strong compared to last year. The latest numbers from the Mortgage Bankers Association dig into the minute details of how the business is holding up, and looking at the numbers, it wasn’t a bad third quarter. But will these levels stay?

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