Residential Certified Mortgage Servicer (RCMS) Designation

Designed to carry you through the process of onboarding through career advancement and setting yourself apart, the Residential Certified Mortgage Servicer (RCMS) Certificate and Designation program is a comprehensive program comprised of three levels.

MBA: IMBs Report Net Production Losses in the Fourth Quarter of 2023

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $2,109 on each loan they originated in the fourth quarter, an increase from the reported loss of $1,015 per loan in the third quarter, according to the Mortgage Bankers Association’s newest Quarterly Mortgage Bankers Performance Report.

MBA Chart of the Week: IMB Production Revenues and Costs

MBA recently released its latest Quarterly Performance Report for the fourth quarter of 2023. The total sample of 342 independent mortgage banks and mortgage subsidiaries of chartered banks reported per-tax net production losses of 73 basis points (or $2,109) on each loan they originated. This marks the seventh consecutive quarter of net production losses.

Yardi Matrix: Multifamily Rents Rose Slightly in February

Yardi Matrix, Santa Barbara, Calif., reported the average multifamily asking rent rose $1 in February to $1,713, the first increase in seven months. Year-over-year growth remained flat at 0.6%.

Member Resource: MBA DEI Playbook

MBA and its member companies continue to make significant strides in furthering diversity, equity and inclusion within the real estate finance industry. It is our collective mission to ensure that our industry’s workforce reflects the communities we serve.