MBA Advocacy Update: Broeksmit on GSE Release; House Passes $3.8T Reconciliation Package; House Passes VA Partial Claims Bill
This week’s top legislative and policy news from the Mortgage Bankers Association.
Commercial Planning Increases 1% in April
The Dodge Momentum Index grew 0.9% in April to 205.1, indicating an increase in planning for commercial buildings, the Dodge Construction Network reported.
Chart of the Week: IMB Pre-Tax Net Production Income by Average Loan Balance in Q1 2025
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $28 on each loan they originated in the first quarter, according to MBA's newly released Quarterly Mortgage Bankers Performance Report.
