![](https://newslink.mba.org/wp-content/uploads/2022/03/QuarterlyPerformanceReportCover400.jpg?w=390&h=201&crop=1)
MBA: IMB 4Q Production Profits Fall to 3-Year Low
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,099 on each loan they originated in the fourth quarter, its lowest level in three years, the Mortgage Bankers Association reported Tuesday.