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Home / Industry / Banking & Finance / Mortgage lenders foresee dip in profits in third quarter (access required)

Mortgage lenders foresee dip in profits in third quarter (access required)

Mortgage lenders expect profits to decrease in the third quarter due to increased competition and market trend changes, according to the latest national report by Fannie Mae. The quarterly Mortgage Lender Sentiment Survey found that 69 percent of lenders expect profits to decline in quarter three, 19 percent expect little or no change and 11 percent ...
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