Fannie Mae: Almost half of lenders expect profit margins to increase in next 3 months

Sep 10, 2020 | syndicator

Mortgage lenders continued to be optimistic in the third quarter, with 48% of lenders saying they think profit margins will increase compared to the prior quarter, according to Fannie Mae‘s Mortgage Lender Sentiment Survey. Thirty-seven percent think profits will remain the same, while only 15% see profits decreasing in the next three months. “This quarter’s […more]