Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $1,201 on each loan they originated in the third quarter, according to MBA’s Quarterly Mortgage Bankers Performance Report.
Category: News and Trends
Redefining Lending Efficiency with the Mortgage Cadence Platform (Sponsored)
With the Mortgage Cadence Platform (MCP), lenders achieve measurable efficiency gains. Discover how Suncoast Credit Union turned optimization into transformation.
ATTOM: U.S. Foreclosure Activity Sees Eight Straight Months of Increases
ATTOM, Irvine, Calif., reported that in October there were a total of 36,766 U.S. properties with foreclosure filings, up 3% from September and up 19% year-over-year.
ACES Finds Modest Rise in Critical Defect Rate
ACES Quality Management, Denver, found the overall critical defect rate increased from 1.31% in the first quarter of 2025 to 1.51% in the second.
MBA Premier Member Editorial: The Growing Desire for eClosing–Debunking Lenders’ Biggest Perceived RON Challenges
ServiceLink’s Marc Bator says adopting Remote Online Notarization isn’t just about keeping pace with technology, “it’s about meeting modern borrower expectations and positioning your organization for long-term success.”
Make Your Voice Heard through MBA Mortgage Action Alliance
The MBA Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association.
MBA Premier Member Editorial: Why Mortgage Servicers Should Prepare Now for Rising Defaults
ICE Mortgage Technology’s Andrea Meir writes that mortgage defaults have been edging up, especially among financially vulnerable homeowners.
Study Finds ‘Hidden’ Costs of Homeownership Hit $16,000 Annually
Zillow, Seattle, and Thumbtack, San Francisco, released a new analysis finding that the hidden costs of homeownership add up to $15,979 per year.
Rate-Lock Activity Remains Strong, Optimal Blue Reports
Rate-lock activity remained strong in October despite seasonal cooling, according to Optimal Blue, Plano, Texas.
Dealmaker: Merchants Capital Secures More Than $56M for Affordable Indiana Project
Merchants Capital, Carmel, Ind., announced more than $56 million in total financing for the acquisition and rehabilitation of an affordable housing development called Cumberland Crossing in Fishers, Ind.