Independent mortgage bankers see increased profits in 2015

mortgage bankersBy Kelsey Ramírez |

Despite losses in 2015’s fourth quarter, Independent mortgage banks and mortgage subsidiaries of chartered banks made about $1,189 on average for each loan they originated in 2015, according to the Mortgage Bankers Association’s Annual Mortgage Bankers Performance Report.

This is up from $747 in 2014, according to the report.

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