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Fattened Margins Seen Shrinking 40% at Banks: Mortgages
Fattened Margins Seen Shrinking 40% at Banks: Mortgages Businessweek Record mortgage profits that drove earnings at Wells Fargo & Co. (WFC) and JPMorgan Chase & Co. (JPM) are fading as increased competition keeps the rates banks are offering on new loans near all-time lows. The amount that lenders make from ...
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