MBA: IMB Production Profits Remain Flat in First Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $727 on each loan they originated in the first quarter, compared to a net production profit of $674 per loan in the fourth quarter of 2025, according to MBA's newest Quarterly Mortgage Bankers Performance Report.
Down Payment Assistance Programs Hit 2,679 in Q1, DPR Finds
Down Payment Resource, Atlanta, released its Q1 Homeownership Program Index, finding that there are 2,679 homebuyer assistance programs nationwide, up from 2,619 in the previous quarter.
