# Prof. Stijn Van Nieuwerburgh on increased bank profits coinciding with low mortgage interest rates

1 Faculty News August 8, 2012 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times Dealbook](http://dealbook.nytimes.com/2012/08/08/with-rate-twist-banks-increase-mortgage-profit/) -- "'Fewer players in the mortgage origination business means higher profit margins for the remaining ones,' said [Stijn Van Nieuwerburgh](http://www.stern.nyu.edu/faculty/bio/stijn-van-nieuwerburgh), director of the Center for Real Estate Finance Research at New York University."

[Read more](http://dealbook.nytimes.com/2012/08/08/with-rate-twist-banks-increase-mortgage-profit/)