Forget the Film Glamour, U.S. Finance Workers are Set to Be Squeezed
Financial Times, Mar. 7, 2019–John Dizard (subscription)
Statistics fill in part of a grim picture. Marina Walsh of the Mortgage Bankers Association says that in the third quarter of last year (the latest available figures), the average pre-tax net production income per loan reached the lowest levels for any third quarter since inception of its report in 2008.
