Thrifts See Surge in Originations In Early 2009, Improved Financials
June 4, 2009
Thrift institutions posted an aggregate loss of $47.3 million during the first quarter of 2009 despite a solid increase in mortgage lending and earnings on their bread-and-butter business. The first quarter loss followed a $5.36 billion industry loss in the fourth quarter and represented its sixth consecutive quarterly loss, according to the Office of Thrift... [Includes one chart]