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.

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 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.

MISMO to Launch “Mortgage Ready” Workshop to Advance Early-Stage Homebuyer Data Standards

MISMO, the real estate finance industry’s standards organization, today announced a new interactive workshop titled, “Mortgage Ready: Exploring How MISMO Standards Could Transform Financial Guidance into Homeownership.” The workshop, sponsored by VantageScore and nCino, will be held during the MISMO Spring Summit in Louisville, Ky., on June 1.

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.