USA: Independent Mortgage Bank Profits Double in U.S.

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According to the Mortgage Bankers Association's newly released Quarterly Mortgage Bankers Performance Report, independent mortgage banks and mortgage subsidiaries of chartered banks in the U.S. reported a net gain of $1,686 on each loan they originated in the second quarter of 2016, up from a reported gain of $825 per loan in the first quarter of 2016.

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Source : USA: Independent Mortgage Bank Profits Double in U.S.