Mortgage profitability

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Big banks aren’t turning profits like their independent counterparts

Jun 25, 2019By

Big banks are not as profitable as their independent competitors when it comes to the retail residential mortgage business, according to the latest from STRATMOR Group. According to the research group, the meetings highlighted that large banks were suffering from low revenues and high expenses, and that the “trend lines that are moving in the wrong direction.” Here’s why.

3d rendering of a row of luxury townhouses along a street

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