Profit margins are just going to get worse, lenders say
Housing Wire
JUNE 11, 2021
Lenders’ profit margin outlook declined in the second quarter of 2021, the third consecutive quarter of pessimism on the profit front, according to Fannie Mae ‘s quarterly Mortgage Lender Sentiment Survey. According to the second-quarter survey, 69% of lenders believe profit margins will decrease in the three months ahead compared to 52% in the prior quarter.
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