U.S. Mortgage Bankers Enjoy Record Profits in 2020, Despite COVID Outbreak

World Property Journal, Apr. 14, 2021
According to the Mortgage Bankers Association’s newly released 2020 Annual Mortgage Bankers Performance Report, independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $4,202 on each loan they originated in 2020, up from $1,470 per loan in 2019.
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