Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net profit of $701 on each loan they originated in the third quarter, an increase from the reported net profit of $693 per loan in the second quarter, according to the Mortgage Bankers Association’s new Quarterly Mortgage Bankers Performance Report.

Neptune Flood, St. Petersburg, Fla., recently released an analysis of the aftermath of hurricanes Helene and Milton, specifically regarding the U.S. flood insurance market.

Mesa West Capital, Los Angeles, provided a joint venture led by Regent Partners and Mariner Group with $50 million in short-term first mortgage debt to refinance a recently constructed Hyatt Hotel in Savannah, Ga.