Fannie Mae: Profit Margin Outlook Turned Positive

Fannie Mae reported that the net profit margin outlook for mortgage lenders was positive for the first time in almost three years, primarily due to strong demand expectations for both purchases and refinances mortgages, according to the Q2 2019 Mortgage Lender Sentiment Survey. “Lenders are signaling strong demand-driven mortgage market dynamics, with optimism for both …

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