Mortgage industry profitability took a big hit in the fourth quarter as the average profit per loan is about 7% of what it was one year ago.

Compressed margins due to increased competition, as well as increased compliance costs were the big reasons for the large drop in profit per loan originated in the fourth quarter.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry