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Community Banks Taking Mortgage Market Share; Production Profits Increase; DU 8.0;
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MortgageNewsDaily
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November 04, 2009
How much money are mortgage bankers, including management, making? According to the MBAA, average profit per loan is up nicely versus the first quarter moving to over $1,300 on each loan originated in the second quarter. In addition, production volumes were up and average pull through went from 67% ...
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