U.S. mortgage lenders likely posted operating loss in 1st qtr -MBA
20 May U.S. mortgage lenders likely posted operating loss in 1st qtr -MBA
Posted at 19:56h
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by KMFSLLP
NEW YORK, May 21 (Reuters) – The U.S. mortgage industry
likely recorded an operating loss in the first three months of
2018 due to falling loan volumes and growing expenses, the
Mortgage Bankers Association’s chief economist, Michael
Fratantoni, said on Monday.
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