Thread regarding Wells Fargo & Co. layoffs

Banks lost money originating mortgages in 2022

On average, companies lost about $300 per loan in 2022 according to the Mortgage Bankers Association. https://www.mba.org/news-and-research/newsroom/news/2023/04/06/imb-production-profits-falls-to-series-low-in-2022

by
| 815 views | | 1 reply (April 11, 2023) | Reply
Post ID: @OP+1m5TvXqj

1 reply

Explains why Charlie wants to stop doing them.

by
| | Reply
Post ID: @frf+1m5TvXqj

Post a reply

: