![](https://newslink.mba.org/wp-content/uploads/2021/06/IMBChart1Q21.jpg?w=390&h=163&crop=1)
Despite Quarterly Decline, IMB Production Profits Post Record 1st Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $3,361 on each loan they originated in the first quarter, down from $3,738 per loan in the fourth quarter but still the highest first-quarter net gain in the history of the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.
![](https://newslink.mba.org/wp-content/uploads/2020/05/FHFALogo2020-1.jpg?w=390&h=260&crop=1)
FHFA, GSEs Extend COVID-19 Multifamily Forbearance through Sept. 30
The Federal Housing Finance Agency on Thursday said Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners through September 30.
![](https://newslink.mba.org/wp-content/uploads/2021/06/InitialClaims060321.jpg?w=390&h=169&crop=1)
Initial Claims Down 35% Since April
Initial claims for unemployment insurance fell by another 20,000 last week, the Labor Department reported Thursday, the fifth consecutive weekly drop to the lowest level since March 2020.
![](https://newslink.mba.org/wp-content/uploads/2021/06/CBRE-Net-Lease-6-4-21-830v2.png?w=390&h=260&crop=1)
Net-Lease Investment Approaches Pre-Pandemic Levels
Investment in U.S. net-lease properties approached pre-pandemic levels in the first quarter, reported CBRE, Dallas.
![](https://newslink.mba.org/wp-content/uploads/2021/06/Courtroom11thCircuit.jpg?w=390&h=260&crop=1)
MBA, Trade Groups File Amicus Brief in Fair Debt Collections Court Case
The Mortgage Bankers Association and six other industry trade groups filed an amicus brief this week in a court case that could have profound consequences on mortgage debt collection processes.