KM Financial Solutions | U.S. mortgage lenders likely posted operating loss in 1st qtr -MBA
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U.S. mortgage lenders likely posted operating loss in 1st qtr -MBA

U.S. mortgage lenders likely posted operating loss in 1st qtr -MBA

NEW YORK, May 21 (Reuters) – The U.S. mortgage industry
likely recorded an operating loss in the first three months of
2018 due to falling loan volumes and growing expenses, the
Mortgage Bankers Association’s chief economist, Michael
Fratantoni, said on Monday.

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