Lender Profit Expectations Improve

Mortgage lenders have reported a net positive profit margin outlook for a third consecutive quarter, according to Fannie Mae’s third quarter 2016 Mortgage Lender Sentiment Survey®.
Conducted in August, the survey results show that 28 percent of lenders said they expect their firm’s profit margin to increase over the next three months, compared with 17 percent who expect it to decrease and 55 percent who expect it to remain roughly the same. When asked what they expect to drive th