![](https://newslink.mba.org/wp-content/uploads/2021/04/IMB2021Profits.jpg?w=390&h=260&crop=1)
MBA: 2020 IMB Production Volumes, Profits Hit Record-Highs
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $4,202 on each loan they originated in 2020, up from $1,470 per loan in 2019, the Mortgage Bankers Association reported this morning.