Independent mortgage banks and mortgage subsidiaries of chartered banks reported pre-tax net production profit of 25 bps ($950 per loan) on each loan they originated in the second quarter.
Tag: IMB
MBA: IMBs Report Production Profits in Second Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $950 on each loan they originated in the second quarter, according to MBA’s latest Quarterly Mortgage Bankers Performance Report.
Chart of the Week: IMB Pre-Tax Net Production Income by Average Loan Balance in Q1 2025
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $28 on each loan they originated in the first quarter, according to MBA’s newly released Quarterly Mortgage Bankers Performance Report.
IMBs Report Production Losses in Fourth Quarter of 2024
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $40 on each loan they originated in the fourth quarter, a decrease from the reported net profit of $701 per loan in the third quarter, MBA’s Quarterly Mortgage Bankers Performance Report found.
Chart of the Week: IMB Pre-Tax Net Production Income
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of 4 basis points in the fourth quarter, a decrease from the net profit of 18 basis points in the third quarter, MBA’s Quarterly Mortgage Bankers Performance Report found.
Success Stories in IMB Multicultural Lending
AUSTIN–IMB leaders always look for new ways to be the lender of choice for fast-growing demographic markets. Two independent mortgage bankers spoke at MBA’s IMB conference to share their multicultural lending success stories and discuss strategies that produce measurable results.
Lennar Mortgage’s Tech Journey
Lennar Mortgage is integrating AI into its organizational processes to enhance efficiency. Here at MBA’s IMB conference, 2025 MBA Chair and President of Lennar Mortgage Laura Escobar and Lennar Financial Services Chief Information Officer Thomas Moreno discussed the process.
Broeksmit: Big Challenges, Big Opportunities
AUSTIN–The last few years have seen big challenges for mortgage bankers: COVID, market disruptions, inflation, and high interest rates to name a few. But there are many opportunities for mortgage bankers to be part of something that will benefit our industry and our customers, according to MBA President and CEO Bob Broeksmit, CMB.
MBA: IMBs Report Net Production Losses in the First Quarter of 2024
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $645 on each loan they originated in the first quarter of 2024, a decrease from the reported loss of $2,109 per loan in the fourth quarter of 2023, according to the Mortgage Bankers Association’s (MBA) newly released Quarterly Mortgage Bankers Performance Report.
Realtor Litigation and the Implications for IMBs: #MBAIMB24
NEW ORLEANS–A recent court verdict and related litigation concerning the National Association of Realtors’ Multiple Listing Service rules regarding buyer real estate agent compensation could have significant implications for homebuyers and buy-side real estate agents–the primary source of referral business for most IMBs.