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U.S. mortgage lenders optimism on profits return – survey

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U.S. mortgage lenders turned optimistic about profits in the second quarter for the first time in nearly three years as tumbling interest rates led to a jump in demand for home loans, a survey from Fannie Mae (FNMA) showed on Wednesday.

Loans. profit was estimated at $11.6 billion, or 12 percent higher than the previous year, and Goldman Sachs Group Inc. is projected to report a 62 percent decline to $2.95 billion, the Bloomberg.

Banks eased lending terms in the first quarter as they forecast improvement in the U.S. economy and companies sought more loans, according to a Federal. according to a Bloomberg News survey of 74.

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(Reuters) – U.S. mortgage lenders turned optimistic about profits in the second quarter for the first time in nearly three years as tumbling interest rates led to a jump in demand for home loans, a survey from Fannie Mae showed on Wednesday.

 · U.S. mortgage lenders turned optimistic about profits in the second quarter for the first time in nearly three years as tumbling interest rates led to a jump in demand for home loans, a survey from Fannie Mae (FNMA) showed on Wednesday.

(Reuters) – U.S. mortgage lenders turned optimistic about profits in the second quarter for the first time in nearly three years as tumbling interest rates led to a jump in demand for home loans.

While lenders in Fannie Mae’s latest quarterly survey were more likely than not to report decreased demand across all mortgage types, they also showed increased optimism that the spring season.

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Fannie Mae’s second quarter 2015 mortgage lender sentiment Survey shows that mortgage lenders are optimistic about purchase mortgage demand and their profit margin during the next three months. Conducted in May 2015, the survey shows that lenders’ near-term outlook for both purchase demand and profit margin remains at high levels, and above the 2014 survey results.

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