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| Volume 7 - Number 7 | March 28, 2008 | | | |
Mortgage Banking Profits Forecast to Decline Further in 2008 Due to Ongoing Credit Crunch
Banks and thrifts are expected to take another shellacking from their mortgage banking operations in 2008, as well as their holdings in mortgage-related securities, according to a recent analysis by Freidman, Billings, Ramsey & Co. “We are lowering our earning...
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