Banks Post Sharp Drop in Mortgage Banking Income

Inside Mortgage Finance, Sept. 8, 2021–John Bancroft
The industry generated $4.48 billion in net mortgage banking income during 2Q21, a steep 40.5% nosedive from the first three months of the year. While that was the lowest quarterly earnings in the COVID era, it stacked up fairly well against earlier periods.
https://www.insidemortgagefinance.com/articles/222387-banks-post-sharp-drop-in-mortgage-banking-income