Industry Briefs, March 24, 2026

Industry news from Argyle, Experian, nCino, The Mortgage Collaborative, Finance of America, Covius, ARIVE, Primary Residential Mortgage, Tavant, Timberline Bank, Floify, Insellerate, Lender Price and Asurity.

Chart of the Week: IMB Net Production Income

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of 17 basis points (or $674 per originated loan) in the fourth quarter, according to MBA’s newest Quarterly Mortgage Bankers Performance Report.

MBA Statement on the Banking Agencies’ Basel III Endgame Re-proposal  

MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the notice of proposed rulemaking (NPR) issued jointly by the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Federal Reserve.

ATTOM: Home Flipping Dips; Profit Margins Shrink

ATTOM, Irvine, Calif., reported that just over 297,000 single-family homes and condos were flipped nationwide last year, the fewest since 2020 and down 3.9% from 2024’s total of 309,050.

MBA: February New Home Purchase Mortgage Applications Increased 0.9%

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2026 shows mortgage applications for new home purchases increased 0.9% from a year ago. Compared to January 2026, applications decreased by 1%. This change does not include any adjustment for typical seasonal patterns.