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The bank had expected higher lending rates to cut into itsmortgage business. Chief Financial Officer Tim Sloan said on aJuly 12 conference call with analysts that rising mortgage rateswould likely end the bank's streak of seven consecutive quartersof making more than $100 billion of home loans.
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The bank had expected higher lending rates to cut into itsmortgage business. Chief Financial Officer Tim Sloan said on aJuly 12 conference call with analysts that rising mortgage rateswould likely end the bank's streak of seven consecutive quartersof making more than $100 billion of home loans.