Profits Jumped in 2016 for Independent Mortgage Bankers in U.S.
World Property Journal, Apr. 17, 2017–Michael Gerrity
According to the Mortgage Bankers Association’s Annual Mortgage Bankers Performance Report, independent mortgage banks and mortgage subsidiaries of chartered banks in the U.S. made an average profit of $1,346 on each loan they originated in 2016, up from $1,189 per loan in 2015.
