• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Mortgage Bankers Profits Increase to Nearly $2,500 Per Loan in Q3

Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $2,465 on each loan they originated in the third quarter of 2012, up from $2,152 per loan in the second quarter, as reported by the Mortgage Bankers Association (MBA). Seventy percent of the 311 companies that reported production data for the third quarter report were independent mortgage companies. “Both purchase volume and refinancing volume increased in the third

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Rob Chrisman: May 24: Understanding your operation is critical to profits; recent lender/investor updates

Rob Chrisman: May 24: Understanding your operation is critical to profits; recent lender/investor updates (There aren’t many folks in the world who, on their death bed, would exclaim, “I wish I had another day of work!” With that in mind, I am biking around in the high country in Southern Utah, camping with no internet, and Brad Nease with Carrington is pinch hitting for a portion of today’s commentary – brought

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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